Project Profile
Value: US$500 million
Location: San Juan de Marcona in Peru
Capacity: 300,000 metric tons of ammonium nitrate per year
Peru\'s Ministry of Production has approved the environmental impact study for a petrochemicals plant to be established in San Juan de Marcona in Peru.
The project is being run by Orica Nitratos Peru SA, a unit of Australia\'s Orica Ltd.
This is the first petrochemical project to receive approval for its environmental impact study.
The project is seen needing an investment of US$500 million and will be able to produce up to 300,000 metric tons a year of ammonium nitrate.
Production will initially be aimed at the Peruvian market, which consumes some 250,000 tons a year.
Operator:
Orica Nitratos Peru SA: Operator with 100% interest