Press release from Business Wire India
Source: Perdaman Industries
Monday, March 09, 2009 04:30 PM IST (11:00 AM GMT)
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Release no: 19419
NRI Vikas Rambal of Perdaman Industries Announces Rs 10,000 cr Urea Manufacturing Plant in Australia
In Arrangement with Indian Government to Supply more than Two Million Tonnes Urea to India
New Delhi, Delhi, India, Monday, March 09, 2009 — (Business Wire India) — Perdaman Chemicals and Fertilisers, a wholly owned subsidiary of Perdaman Industries today announced plans to construct a A$3.5 billion (USD 2.5 b) urea manufacturing plant at the Shotts Industrial Park in Collie, Western Australia. Perdaman Industries is a Western Australian based multinational group with a current focus on urea production for local and international use.
With construction due to commence in early 2010, the Urea plant will generate on average around 1,500 jobs during the three-year construction phase of the project and around 200 permanent jobs once plant operations begin. Speaking at the official project launch in Collie, Perdaman Industries Chairman and Managing Director, NRI Vikas Rambal said that the construction and operation of the plant provides some much needed good economic news for both the India and Australia.
“The plant has the capacity to produce 2 million tonnes of urea per annum, and while we are looking at the opportunity to supply local markets, the majority will be exported for global use, especially to India,” Mr. Rambal said. Mr. Rambal said that Perdaman plans to utilise environmentally friendly, best in class technologies that will transform sub-bituminous coal into urea by way of innovative and low emissions coal gasification technology.
In India, the company is registered as Perdaman Agro Pvt: Ltd with interests in renewable energy, especially in grid interactive photo-voltaic solar power plants and biodiesel refining activities. PAPL is also considering setting up wind mills in MP for 50 MW wind power project at an estimated investment of RS 350 cr.
The company is also engaged in the bio-fuel aspects of renewable energy through its Jatropha curacas development. It is setting up 50 acres of hi-tech Jatropa nursery in Gwalior district. PAPL has commenced its activities to develop 5,000 acres in phase one amnd has plans to complete plantation in about 100,000 acres in MP and Orissa by 2010.
Fertilisers are essential to meet the needs of an expanding global population and its increased demand for food. Of the fertilisers available today, urea is undeniably the most efficient. It is safe, clean, easily transported and economical to manufacture and apply.
Perdaman Industries and its subsidiary Perdaman Chemicals and Fertlisers (formally North West Chemicals and Fertlisers) was formed in 2006. Founding Chairman Vikas Rambal and his fellow Directors all have extensive major project experience, most recently having played central roles in the development and construction of the A$700 million Liquid Ammonia Fertiliser plant located on the Burrup Peninsula in the North West of Australia.
For further information please visit www.perdaman.com.
The Rambal Family is represented by Mr. Vikas Rambal who is also the Chairman and Managing Director of the North West Chemicals and Fertilizers Pvt Ltd, Perth, Western Australia, which has business interest in coal, bio-diesel and chemicals and fertilizers. He was born in Delhi, India, in 1967.He is a qualified chemical engineer; and spent the first years of his career working with Bharat Petroleum (formerly Shell) and was then involved in a range of projects including refineries and the manufacture of fertilizers.
Mr. Rambal has been a valued partner of the Western Australia Cricket Association (WACA) for a long time, supporting the Warriors’ Manager and Head Coach Tom Moody and coming on board as the Association’s Entertainment Partner for events such as the WACA’s Test Match Luncheon and the Premier Cricket Awards.
Rachit Verma, DMAS PR, New Delhi, +91 9811335356,+91 (11) 43111433, [email protected]
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