Italy's Fata selected to build $70m chemical plant
Deal awarded by Gulf Chlorine for Oman facility, to be ready in 2015
Italy's Fata EPC, a division of FATA Spa, has been named as the winner of a $70m EPC contract for a chemical plant at Mesaieed Industrial City in Qatar.
The deal was awarded by Gulf Chlorine WLL, a joint venture between Oman Chlorine SAOG, and Qatar's Al Mirqab Capital, after stating last week that a leading international firm had been chosen.
FATA will be responsible for a complete EPC scope, including the engineering, procurement, construction, commissioning and start up of the facility.
The plant will produce caustic soda, acid and other related products, Oman Chlorine said in a filing to the Muscat Securities Market (MSM). It is scheduled to be commercially operational in the last quarter of 2015.
Gulf Chlorine WLL is 51% owned by Oman Chlorine.
In November last year, Oman Chlorine's Abu Dhabi-based sister company Union Chlorine LLC, which is 48.8% owned by Oman Chlorine, also signed a contract for the construction of a similar $70m plant in the ICAD Industrial Zone in Abu Dhabi.
The capacity of the Abu Dhabi plant will also be 70 tonnes per day and will be operational by the fourth quarter of 2015. The plant will produce caustic soda, acid and other related products.