Samsung enters Latin America

Samsung Engineering has signed its first Latin American contract to build a US$843m fertilizer plant in the city of Entre Rios, Cochabamba state, for Bolivia’s state-owned oil company, YPFB.

The plant is slated to produce 2,100 tons per day of urea after processing natural
 gas to ammonia and urea. Urea is widely used in fertilizers for agriculture.

Samsung Engineering is responsible for the design, engineering, procurement, construction and pre-commissioning on a lump-sum turnkey basis with completion set for 2015. In addition, operation and maintenance support will continue for two years after completion.

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