Saipem awarded technical services contract by Profertil for urea plant expansion

Type: Development · Technology: Agriculture · Country: Argentina · Capacity: 4450 MW · Announced: 2026-09-29

Saipem was awarded a technical services contract by Profertil S.A. on 2026-09-29 to support evaluation and development phases of an expansion of Profertil's fertilizer production complex in Bahía Blanca, Argentina, which includes a new urea plant with 4,450 tonnes per day capacity. The scope covers Licensors' Design Packages, Saipem's technical services and a structured proposal for subsequent project development phases to be executed over an 11-month contract period. The project will integrate Topsoe's ammonia production technology, Saipem's proprietary urea production technology and Thyssenkrupp Uhde's granulation technology, and will be delivered in partnership with Techint Engineering & Construction. The expansion is intended to increase local urea production capacity to serve Argentina's agricultural value chain and the wider regional market, with concrete technology licensors and an explicit timeline for the technical services phase. No financial value was disclosed in the announcement and the contract was described as a technical services/engineering award rather than an equity investment or financing package.

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