Tanzania Mbolea and Petrochemical Company explained

Tanzania Mbolea and Petrochemical Company
Type:Private
Industry:Manufacture of Fertilizer
Products:Fertilizer, Ammonia, Urea
Num Employees:5,000+ (2020)
Foundation:2016
Location:Mtwara, Tanzania

Tanzania Mbolea and Petrochemical Company (TMPC), a Tanzanian company that was specifically formed to design, build and operate a fertilizer-manufacturing factory in the Mtwara Region of Tanzania, using natural gas as raw material.[1]

When completed, the plant will be the largest fertilizer-manufacturing factory in Africa, with capacity of 3.8 million metric tonnes of product annually.[2]

Location

The factory is located on 400ha of land in Mtwara, in the Mtwara Region, in extreme southeastern Tanzania, "close to large offshore gas plants".[2] This is approximately 565km (351miles), by road, southeast of Dar es Salaam, the commercial centre and largest city of Tanzania.[3] This is about 1005km (624miles), by road, southeast of Dodoma, the capital of the country.[4]

Overview

Tanzania Mbolea and Petrochemical Company, is a special purpose vehicle company (SPVC), established in 2016, to specifically design, build and operate the "Mtwara Fertilizer Factory".[5] The consortium in TMPC includes 1. The Tanzania Petroleum Development Corporation (TPDC) 2. Ferrostaal Industrial Projects of Germany 3. Haldor Topsoe AS of Denmark and 4. Fauji Fertiliser Company Limited of Pakistan. This SPV will own 20 percent of the factory. Other potential investors in the factory include National Social Security Fund of Tanzania and Minjingu Mines.[6]

The factory is valued at $3 billion, as of August 2017.[2] The factory is expected to employ a total of 5,000 people, during construction and manufacturing operations.[2] Construction began in 2016,[1] with commissioning expected in 2020.[2] In 2021, the company began building a petrochemical complex in Lindi, Tanzania.[7]

Ownership

Tanzania Mbolea and Petrochemical Company is owned by the following corporate entities as outlined in the table below:[1] [2]

Tanzania Mbolea and Petrochemical Company Stock Ownership! Rank !!Name of Owner!!Percentage Ownership
1
2
3
4 Fauji Fertiliser Company Limited of Pakistan
Total

See also

External links

-10.3242°N 40.2036°W

Notes and References

  1. Web site: 29 August 2017 . Kennedy . Nairobi. Work starts on new $1.5b Mtwara fertiliser plant . 17 October 2016 . . Senelwa .
  2. Web site: Tanzania spells out pricing guidelines for fertilisers . 29 August 2017 . 29 August 2017 . Tairo . Apolinari . . Nairobi.
  3. Web site: 29 August 2017 . 29 August 2017 . Distance between Dar es Salaam, Tanzania and Mtwara, Mtwara Region, Tanzania. Globefeed.com (GFC) . GFC.
  4. Web site: 29 August 2017 . Distance between Dodoma, Dodoma Region, Tanzania and Mtwara, Mtwara Region, Tanzania. Globefeed.com (GFC) . GFC . 29 August 2017.
  5. Web site: Bungane . Babalwa . 2016-10-12 . 'Natural gas saves Tanzania $7.4bn' . 2023-03-04 . ESI-Africa.com . en-ZA.
  6. Web site: Mtulya . Dar es Salaam . The Citizen. TSh1.7 trillion fertiliser plant mooted . 3 February 2015 . 29 August 2017 . Athuman.
  7. Web site: Carmen . 2021-10-22 . Tanzania Mbolea and Petrochemicals Company Kilwa Complex, Tanzania . 2023-03-04 . Offshore Technology . en-US.