Bangladesh: Engineering Mitsubishi Heavy Industries to Construct Mega Fertiliser Plant
Awarded by the Bangladesh Chemical Industries Corporation, the new plant is expected to be the largest fertiliser plant in Bangladesh. On completion, the plant will produce 1,600 tonnes of ammonia and 2,800 tonnes of urea per day.
Tokyo/Japan – Mitsubishi Heavy Industries (MHI) together with China National Chemical Engineering No.7 Construction Co., have recently signed an agreement to construct a fertiliser plant for Bangladesh Chemical Industries Corporation, an organisation owned by the Bangladesh Government.
This will be the largest fertiliser plant in Bangladesh, with production capacity of 2,800 tonnes per day, claims MHI. The project will be managed through an EPC (engineering, procurement and construction) contracting arrangement and is expected to be complete by 2022. As the next step, financial arrangements are also being made in cooperation with Marubeni Corporation. The contract will officially come into effect once the financing is finalised.
The fertiliser plant will be built in Polash under the district of Narsingdi, 50 kilometers northeast of the capital city of Dhaka. It will utilise natural gas produced in Bangladesh, and have the capacity to produce 1,600 tonnes of ammonia and 2,800 tonnes of urea per day.
The demand for fertilisers is booming as more agricultural products are being produced in Bangladesh. This is driven by the country's high economic growth rate, which reached a record 7 % in fiscal 2017. MHI’s first fertiliser production plant in Bangladesh was built in 1992, and continues to maintain a high operating rate. Along with the ability to meet the demands of a rapidly growing economy, the company specifically received this contract in recognition of its own CO₂ recovery technologies that reduce environmental load and enhance urea production.