Drake & Scull Water and Power (DSWP), a wholly owned subsidiary of Drake & Scull International, secured a US$38.5mn Construction Contract of a Mining Grade Ammonium Nitrate Plant in the province of Ain Sukhna in Egypt.
The project is the first for Drake and Scull Water and Power in Egypt’s Petrochemical industry since the Launch of its specialised regional Oil and Gas division in 2010.
The company entered into a strategic Joint Venture Agreement with “Hassan Allam Construction” one of Egypt’s largest general contracting companies to execute the project. The contract scope of work includes the complete Construction and Pre- Commissioning of the following packages: Civil works, Mechanical Equipment and Storage Tanks Erection works, Piping and Structural Steel Fabrication and Erection works.
The Mining Grade Ammonium Nitrate Plant is developed and operated by“ Egypt Hydrocarbon Corporation S.A.E” and comprises a nitric acid unit and ammonium nitrate unit, together with associated infrastructure and facilities including storage tanks, pipelines and utilities. Once completed in April 2014, the plant will produce 1,060 MTPD of mining grade ammonium nitrate (MGAN), for use in the mining and construction industries.
Tawfiq Abu Soud Managing Director of Drake and Scull Water Power commented, “The contract represents a strategic milestone for the company in Egypt. Our partnership with a longstanding market leader such as, “Hassam Allam Construction”, will allow us to expand in this promising industry whereby our unified multidimensional portfolio and regional expertise will enable us to cover the complete value chain of the petrochemical Sector."
