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Clough (Webuild Group) and Saipem have reached financial closure on a €2.56 billion ($2.8 billion) contract from Perdaman Chemicals and Fertilisers to build the Ceres urea plant on the Burrup Peninsula, Western Australia. The plant will have a capacity of over 2 million metric tons of urea per year and create 2,000 construction jobs.
“Thanks to this contract, Webuild enters a new and promising market segment – urea production – at a time when global demand is growing.”webuildgroup.com
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