Amec Foster Wheeler awarded US ammonia project contract
• Anhydrous ammonia production and electric power cogeneration
• Integrated 80,000 tonne per year plant
• New agreement with Grannus LLC
Amec Foster Wheeler announces today the award of a contract to provide project development support and design engineering for an integrated 80,000 tonne per year anhydrous ammonia production plant and electric power cogeneration facility, through a new agreement with Grannus, LLC, a US-based clean technology and project development company. The plant is situated in Kern County, California.
Operating with an environmentally-friendly profile, the medium-scale fertilizer plant is designed to be smaller and sited closer to the end user, and to require a smaller overall investment than today’s world-scale fertilizer plants.
Amec Foster Wheeler’s scope of work includes engineering design and definition work utilising key process technology and equipment suppliers, as well as execution planning activities for the facility. Work has begun on the project and the plant is expected to be operational by Q4 2017.
This award confirms our combined technical expertise in process engineering and integration, and our ability to work on this landmark project. We are delighted to continue building our relationship with Grannus to support them on this important project.
The anhydrous ammonia production plant developed by Grannus is an environmentally friendly way to make syngas-based chemical products as well as electricity, with near zero emissions. Amec Foster Wheeler has provided a team with strong expertise for this unique project and we look forward to continue our work with them on this milestone project.
The contract value for the project was not disclosed.
Amec Foster Wheeler (www.amecfw.com) designs, delivers and maintains strategic and complex assets for its customers across the global energy and related sectors.
With pro-forma 2014 annualised scope revenues of £5.5 billion and over 40,000 people in more than 55 countries, the company operates across the whole of the oil and gas industry – from production through to refining, processing and distribution of derivative products – and in the mining, clean energy, power generation, pharma, environment and infrastructure markets.
Amec Foster Wheeler shares are publicly traded on the London Stock Exchange and its American Depositary Shares are traded on the New York Stock Exchange. Both trade under the ticker AMFW.
Grannus, LLC was formed in 2012 to commercialize an innovation in the production of nitrogen fertilizer (ammonia and urea). Grannus’ Eureaka™ Process plant design combines traditional fertilizer manufacturing technology with innovations in power generation technology to develop the first ever zero-emissions combined fertilizer and thermal power plant. Eureaka™ plants have reduced capital cost, higher efficiency, and a greatly reduced environmental footprint due to Grannus’ patent pending process. In 2013, Grannus was a finalist at the national level of the Cleantech Open, the world’s largest accelerator for Cleantech startups. Grannus, LLC is a Tucson, Arizona based company. For more information, visit www.grannusllc.com.
This announcement contains statements which constitute “forward-looking statements”. Forward-looking statements include any statements related to the timing and success of contracts, and are generally identified by words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “will,” “may,” “continue,” “should” and other similar expressions. Forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Amec Foster Wheeler, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking statements.
Amec Foster Wheeler does not undertake to update any of the forward-looking statements after this date to conform such statements to actual results, to reflect the occurrence of anticipated results or otherwise.