Outotec takes sulfuric acid technology to Venezuela
5/30/2008
ESPOO, Finland -- Outotec has entered an agreement with Petroquímica de Venezuela SA (Pequiven) for the delivery of engineering and imported equipment for a new sulfuric acid plant to be built at Morón in Venezuela. The value of the contract is over $121 million.
Outotec recently provided the concept and basic engineering for Pequiven for the same project in 2007. In this second phase Outotec's scope of delivery covers engineering and supply of imported equipment.
The plant is designed to produce 3,000 tons per day of sulfuric acid for Pequiven's phosphate based fertilizer production. The start up of the plant is scheduled to begin in the first quarter of 2010.
“This contract demonstrates our capability to apply our technologies beyond the mining and metallurgical industry in other process industries, such as fertilizer industry,” Tapani Järvinen, president and chief executive officer of Outotec, said. “We have been a major designer and supplier of sulfuric acid plants for more than 80 years, with a track record of over 600 plants installed worldwide. This new contract will further strengthen our market leadership.”