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ThyssenKrupp receives mega-order for fertilizer plants in the US exceeding 1 billion euros

Monday, Nov 05, 2012

ThyssenKrupp receives mega-order for fertilizer plants in the US exceeding 1 billion euros

Dynamic development in the US petrochemical industry - ThyssenKrupp further expands its market presence in North America

On November 1, 2012, ThyssenKrupp Uhde received a major order for the
design and construction of fertilizer plants in Port Neal (Iowa, US) and
Donaldsonville (Louisiana, US) via its US business partner Uhde Corporation of America. The order further testifies to the consistent expansion of the diversified industrial group's technology business.

"ThyssenKrupp Uhde is a market leader in the construction of plants for the processing of natural gas - the central growth driver for the US petrochemical industry. This order is a strong case in point and proof of our sophisticated engineering skills," says Dr Olaf Berlien, member of the board of ThyssenKrupp AG.

The projects have been ordered by CF Industries Holdings, Inc. (CFI).
Combined, the two orders exceed 1 billion euros. "This cooperation with CF Industries, our partner of many years, on the two plant complexes will be another step towards improving the fertilizer plant infrastructure in the US; it also strengthens the market position of ThyssenKrupp's plant engineering business in North America," says Torsten Gessner, Chairman and CEO of ThyssenKrupp North America.

An ammonia plant with a daily capacity of 2,200 metric tons, a urea plant (3,500 tons per day) and a urea granulation plant (3,500 tons per day) will be constructed in Port Neal, Iowa, a strategically important location in the midst of the mid west United States corn belt.

An ammonia plant with a daily capacity of 3,300 metric tons, a urea plant and a urea granulation plant with the same capacity as in Port Neal will be constructed in Donaldsonville, Louisiana. ThyssenKrupp Uhde will also design and construct a nitric acid and a UAN (Urea Ammonium Nitrate) plant on the premises.

The expansion at the two facilities will significantly reduce the dependence of the United States on fertilizer imports from the MENA region by using North American gas reserves.

At ThyssenKrupp 170,000 employees in around 80 countries work with passion and expertise to develop solutions for sustainable progress. Their skills and commitment are the basis of our success. In fiscal year 2010/2011 ThyssenKrupp generated sales of EUR 49 billion.

For us, innovations and technical progress are key factors in managing
global growth and using finite resources in a sustainable way. With our
engineering expertise in the areas of "Material", "Mechanical" and "Plant",
we enable our customers to gain an edge in the global market and
manufacture innovative products in a cost- and resource-efficient way.

Source: ThyssenKrupp

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