IRAQ

Iraq Signs $275mn Contract for Fertilizer Complex 

Iraq's Ministry of Industry and Minerals awarded on 17 April a $275mn contract to a US-Japanese consortium, composed of M.W. Kellogg, Hitachi Zosen and Nissho-Iwai, for the construction of the Baiji fertilizer complex, north of Baghdad. The cost of the new plant - which will have a daily capacity of 1,000 tons of ammonia and 1,700 tons of urea - will reportedly be paid for through a mixture of Japanese credits and loans (part...