URS/Weitz Joint Company Awarded MEI Works in Iowa

AMSTERDAM, THE NETHERLANDS--(Marketwired - Aug 1, 2013) -

                     Amsterdam, the Netherlands / 1 August 2013 8:30 AM

URS / Weitz Joint Company Awarded Mechanical, Electrical and
Instrumentation Erection Works Contract for Iowa Fertilizer Company

Orascom E&C USA Inc. (OEC USA), OCI N.V's wholly owned engineering and
construction subsidiary based in the United States, announced today
that it has awarded RW Constructors LLC a subcontract to execute
Mechanical, Electrical, and Instrumentation (MEI) erection works at the
Iowa Fertilizer Company (Iowa Fertilizer).

RW Constructors is a 50/50 special purpose company formed between Rust
Constructors Inc., a URS Corporation subsidiary, and The Weitz Company,
a wholly owned subsidiary of OCI N.V., to execute the MEI erection
works for the ammonia, urea, ammonium nitrate, nitric acid, and urea
ammonium nitrate Inside Battery Limit plants at Iowa Fertilizer. Robert
W. Zaist, President of Energy & Construction for URS Corporation,
stated, "URS and OCI have an outstanding record of cooperation and
project delivery, and we are pleased to bring the combined experience and
resources of our two companies together to deliver Iowa Fertilizer and 
other major industrial projects to clients in the North American market."

Osama Bishai, OCI Construction Group Chief Operating Officer,
commented: "This is the last major construction subcontract to be
awarded at Iowa Fertilizer, and we are on track to complete
construction works in the summer of 2015. Having worked extensively
with URS in the Middle East on 16 projects valued at nearly US$ 720
million over more than 20 years, we are proud to capitalize on our
long-standing legacy of successful partnerships with URS. We are
confident that RW Constructors LLC is the start of a strategic alliance
similar to our experience in the Middle East, with the joint company
currently pursuing other construction opportunities in the United
States' industrial and petrochemical construction markets."

The MEI erection works are scheduled to begin in the third quarter of
2013.


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.


About URS Corporation:
URS Corporation is a leading provider of engineering, construction and
technical services for public agencies and private sector companies
around the world. The Company offers a full range of program
management; planning, design and engineering; systems engineering and
technical assistance; construction and construction management;
operations and maintenance; information technology; and decommissioning
and closure services. URS provides services for federal, oil and gas,
infrastructure, power, and industrial projects and programs.
Headquartered in San Francisco, URS Corporation has more than 50,000
employees in a network of offices in nearly 50 countries.



For additional information contact:
Investor Relations          For additional information on OCI N.V.:
Department:

Omar Darwazah                www.ocinv.nl 
Email:
 odarwazah@orascomci.co.uk 
                            Mijnweg 1,
Erika Wakid                 6167 AC Geleen,
Email:                      The Netherlands
 ewakid@orascomci.co.uk 
Hassan Badrawi              OCI N.V. stock symbols: OCI / OCI.NA /
Director                    OCI.AS / OCINY
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

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