AMSTERDAM, THE NETHERLANDS--(Marketwired - Jul 15, 2013) -
OCI N.V. announced today that Sorfert Algerie, a 2 million metric ton capacity Greenfield nitrogen fertilizer complex owned by Orascom Construction Industries (OCI S.A.E.) in partnership with Sonatrach, has restarted operations on train one and has begun commissioning works on train two. Commercial production is expected to commence in August 2013 with exports following suit by the end of the month. Sorfert was established through a 51/49 OCI S.A.E. and Sonatrach partnership in 2006, with OCI acting as lead Engineering, Procurement, and Construction (EPC) contractor and Uhde providing the plant's state-of-the-art process technology. Sorfert is capable of producing 1.36 million metric tons per annum (mtpa) of granular urea and 0.8 mtpa of merchant anhydrous ammonia. About OCI N.V.: OCI N.V. is a global nitrogen-based fertilizer producer and engineering & construction contractor based in the Netherlands. The Fertilizer Group owns and operates nitrogen fertilizer plants in the Netherlands, the United States, Egypt and Algeria and has an international distribution platform spanning from the Americas to Asia. The Fertilizer Group ranks among the world's top fertilizer producers with a fertilizer production capacity of nearly 7 million metric tons. The Construction Group provides international engineering and construction services primarily on infrastructure, industrial and high-end commercial projects in the United States, Europe, the Middle East, North Africa and Central Asia for public and private clients. The Construction Group ranks among the world's top global contractors. OCI N.V. employs more than 75,000 people in 35 countries around the globe and is listed on the NYSE Euronext in Amsterdam. For additional information contact: Investor Relations For additional information on OCI N.V.: Department: Omar Darwazah www.ocinv.nl Email:odarwazah@orascomci.co.uk Erika Wakid Mijnweg 1, Email:ewakid@orascomci.co.uk 6167 AC Geleen, The Netherlands OCI N.V. stock symbols: OCI / OCI.NA / OCI.AS / OCINY Hassan Badrawi Director Tel: +202 2461 1036/0727/0917 Fax: +202 2461 9409 This information is provided by RNS The company news service from the London Stock Exchange END
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