Omifco plans expansion of ammonia-urea plants
06 FEB 2018
Oman India Fertiliser Company (Omifco), a joint venture owned by the Oman Oil Company (OOC) and Indian fertiliser firms Iffco and Kribhco, plans to expand its capacity by building a third train of ammonia-urea plants, said a report.
The third train is aimed at producing an additional 1.3 million tonnes of urea per annum, with a capital expenditure of $1.2 billion, Omifco’s managing director S G Gedigeri, was quoted as saying in a Times of Oman report.
Gedigeri noted that apart from an in-house team, two or three consultants would be appointed to conduct studies on environmental impact and detailed feasibility, including a market survey.
He said that consultants will be selected soon after approving the necessary budget for feasibility studies.
The third train will increase the company’s total urea installed capacity by some 75 per cent to 3 million tonnes per annum from the current installed capacity of 1.652 million tonnes per annum, added the report.