Category: News

11 Aug 2024
News Perdaman 0 comment

Perdaman set to build over 100 new homes in Karratha for Project Ceres’s operational workforce and State social housing

Monday, 12 August 2024

 

Perdaman Ceres Housing Fund Pty Ltd (“Perdaman”) acknowledges the Traditional Custodians of Murujuga land, namely the Ngarluma, Yindjibarndi, Yaburara, Mardudhunera and Wong-Goo-Tt-Oo peoples, and pays our respects to their Elders past, present, and emerging.

Perdaman is pleased to announce that it has closed the financing of its Vesta Project, a c. A$122 million housing project that will see 100 new homes built in Karratha. Construction of the new facilities is planned to commence in the fourth quarter of 2024.

The Vesta Project will provide housing for Project Ceres’s on-site operational staff, allowing them to live and participate in Karratha’s community. Perdaman is committed to facilitating the “non-FIFO Policy” desired by stakeholders and the local community, with this housing project offering 100 employees permanent homes for the life of the project. Project Ceres will launch with a non-FIFO operational workforce of roughly 150 locally based employees.

In addition to these 100 homes, the Vesta Project will work with the Cook Government to potentially build additional houses in support of the Government’s efforts to boost social and key worker housing in the region (subject to final negotiations).

Perdaman has acquired 15 titled lots from the Murujuga Aboriginal Corporation (MAC), and additional 85 lots from Development WA. Perdaman is set to start construction on these titled lots by October 2024. We are proud to have established a collaborative working relationship with the five traditional custodial groups of the Burrup (the Ngarluma, Mardudhunera, Yaburara, Yindjibarndi, and Wong-Goo-Tt-Oo peoples) and look forward to continuing this relationship with MAC and the traditional owners of these lands.

The Vesta Project will be delivered in stages to ensure the smooth transition of the commissioning workforce as they become permanent members of the Karratha community. This delivery will be undertaken by local building contractors Timik Developments Pty Ltd and Thomas Building Pty Ltd, with construction set to be completed by June 2027. Perdaman looks forward to continuing its support of Karratha’s growth beyond the completion of this project, with additional houses planned for construction once operations of Project Ceres have commenced in 2027.

Perdaman Chairman Vikas Rambal shared his team’s pride and gratitude as they marked this significant milestone.

“By building these houses, we are providing a more harmonious workplace to our operational workforce while also benefiting the Karratha community by bringing such a highly skilled workforce to the region. This housing project is just one example of how we are investing in Karratha’s growth and potential, turning it into one of Western Australia’s most liveable cities. Increasing housing will reduce pressure on both the project workforce and the local rental housing market.

We are proud to be working with local contractors to build the next phase of Karratha’s growth, providing opportunities for the existing local workforce while also facilitating significant growth in the community. I will always be grateful to the people of Karratha for their support and vision, and it is for the love of this community that we have taken this next step.”

 

About the Vesta Project

The Vesta Project will see the construction of 100 houses in Karratha for the locally based operational workforce of Project Ceres, in addition to 15 properties for use as social housing by the State Government and the local community.

Given the complexity of Project Ceres, Perdaman recognises the crucial need to assemble a diverse team of professionals that brings to our operation a wide range of expertise and perspectives. These new homes will not only allow this workforce to seamlessly integrate into a new professional and residential community but also spur significant growth in the Karratha region and support existing businesses.

Perdaman is committed to developing a non-FIFO workforce that settle in the region and participate in the local community. We believe the Vesta Project will set an example for other industry leaders by demonstrating the far-reaching benefits of creating a harmonious workplace and living environment. We look forward to supporting the region with additional residential dwellings and related services to accommodate its ongoing growth over the lifetime of Project Ceres.

 

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About Perdaman

Perdaman is a multinational entity headquartered in Western Australia, private and family-owned with proud Indian origins. We are active in diverse markets, including fertiliser urea & ammonia production, pharmaceuticals, destination retail, investment management, recruitment, immigration, translation and interpreting, international student services, and sustainable energy solutions. Perdaman is building a sustainable future by delivering excellence in business and creating positive outcomes for communities.

For more information, visit www.perdaman.com.au

 

Media Contact:

Rashpal Kaur 

rashpal.kaur@perdaman.com.au

+61 477 722 620

26 Apr 2023
News Perdaman 0 comment

PERDAMAN ALLOCATED LAND TO DEVELOP PILBARA RENEWABLE ENERGY PROJECT

Wednesday, 26 April 2023

 

Perdaman Holdings Pty Limited (“Perdaman”) is pleased to announce that it has successfully been allocated land in the Maitland Strategic Industrial Area by the Western Australian Government.  The Maitland SIA is located approximately 24 km west of the town of Karratha and 39 km south of Dampier Port.

The allocation of land is an important initial step in Perdaman’s aspirations to construct a [100MW] solar power facility and associated transmission infrastructure as part of the company’s efforts to decarbonise its announced Urea Project on the Burrup Peninsula. 

Development of the solar facility is strategically in line with Perdaman’s commitment to reach carbon neutrality by 2050 and will complement the 50MW solar facility already announced alongside Woodside. 

Perdaman will now commence engaging with State and local authorities as well as local traditional owners about developing the project. 

Perdaman Chairman Vikas Rambal said the land allocation demonstrates Perdaman’s clear plans for reducing its emissions.

“I am excited by the fact that so soon after announcing construction of the Perdaman Urea Project, we are already progressing to reducing its carbon footprint.”

“The development of a solar power facility of this scale will also provide flexibility for Perdaman to manufacture blue ammonia through its Urea facility to ensure Western Australia is at the forefront of driving a lower carbon future.”

 

***

 

About Perdaman

Perdaman is a multinational group based in Western Australia with a long-standing track record in involvement within a diverse range of markets. From investments in fertiliser production to help our farmers produce crops, to the ownership and management of shopping centres that make wonderful experiences and community hubs, from the production and distribution of pharmaceuticals to provide better healthcare, to recruitment & migration services and advanced energy solutions, we are an innovative company that actively seeks out new opportunities. Integral to this is our corporate culture of creating leaders and growing together as a team, and all our operations are backed by extensive financial services to ensure strength and growth. We are also highly involved in the community and actively give back – from supporting local sporting teams to contributing towards better education. We do what we do with passion, and we do what we do with a sincere desire to create a better tomorrow.

For more information, visit www.perdaman.com.au

 

Media Contact:

Rashpal Kaur (Manager – Corporate)

rashpal.kaur@perdaman.com.au

+61 477 722 620

20 Apr 2023
News Perdaman 0 comment

PERDAMAN CLOSES THE FINANCING FOR ITS SIGNIFICANT WESTERN AUSTRALIAN UREA PROJECT

Wednesday, 26 April 2023

 

Perdaman Chemicals and Fertilisers Pty Ltd (“Perdaman”) acknowledges the Traditional Custodians of Murujuga land, namely the Ngarluma, Yindjibarndi, Yaburara, Mardhudhunera and Woong-Goo-Tt-Oo people and pays our respects to their Elders past, present and emerging.

Perdaman is pleased to announce that it has closed the financing of its c. A$6.0 billion urea project (the “Project”) to be constructed on the Burrup Peninsula, approximately 20km north of Karratha, Western Australia. On completion of the Project, Perdaman will be Australia’s leading fertiliser producer. The Project funding is supported by leading global independent infrastructure investor Global Infrastructure Partners (“GIP”), which has committed to invest over A$2.1 billion in the Project through a strategic equity investment. The funding is completed by a strong group of debt providers, including both the Northern Australia Infrastructure Facility (“NAIF”) and Export Finance Australia (“EFA”).

This state-of-the-art facility will be the largest urea plant in Australia and one of the largest in the world. Urea is a vital component of the agricultural fertiliser market with increasing demand as more efficient and intensive global food production is required to meet the needs of a growing world population.

The construction of this plant marks a significant milestone for Australia’s future food security, and it represents the largest investment ever made in the Australian fertiliser industry. The plant’s expected production of 2.3 million metric tons per year of urea will help to address the growing demand for high-quality fertilisers, reduce the nation’s reliance on imports and enhance national resilience.

The Project will utilise feedstock from Woodside under a 20-year agreement and has a 20-year offtake agreement with Incitec Pivot. 

The urea plant incorporates the latest technology with optimised energy efficiency and low emissions:  Topsoe for the ammonia synthesis and Snamprogetti & Thyssenkrupp for the urea and granulation processes. 

The plant has been designed to minimise both industrial emissions and the carbon footprint of fertiliser production. Perdaman is committed to making the urea plant net carbon zero by 2050 and is implementing global best practices with respect to greenhouse gas emissions which represents our commitment to mitigating climate change. The plant also includes a world-class control system that will ensure that the urea produced is of the highest quality.

Perdaman is grateful for the ongoing support for this Project from the Western Australian State Government and the Federal Government.  Perdaman also thanks the Murujuga Circle of Elders and Murujuga Aboriginal Corporation for sharing their time, knowledge and guidance during extensive consultation and looks forward to a long-term relationship building a better and more respectful future on Murujuga.

The company believes the Project will provide a major boost to the Western Australian economy by generating an average of around 2,000 jobs during the four-year construction phase. On completion, the plant will provide 200 permanent jobs in Karratha and will be capable of providing security to Australia in respect of its needs for urea fertilisers and associated products such as diesel exhaust fluid (e.g. AdBlue).

“We are excited to be constructing Australia’s largest ever downstream manufacturing project which represents a significant investment in Australia’s manufacturing sector,” said Vikas Rambal, Chairman and CEO of Perdaman. “This state-of-the-art facility will help to ensure that Australia has a secure and reliable source of high-quality urea, supporting our nation’s farmers and food producers. We are excited to welcome an investor of the calibre of GIP to support the Project.  GIP’s experience in working alongside project sponsors globally is second to none, and I am confident that the resources and expertise they bring will contribute significantly to the success of this very important Project.”

Construction of the Project will commence immediately and will be managed by Perdaman’s experienced EPC joint-venture partners Saipem S.p.A and Webuild S.p.A.

EY acted as equity financial advisor to Perdaman on the Project, Societe Generale acted as debt financial advisor, whilst White & Case acted as legal advisor. Allens acted as legal advisor to GIP.

 

***

 

About the Project

The Project will be one of the lowest-cost suppliers of urea in the Asia-Pacific and as well as one of the largest urea producers globally. The Project is uniquely positioned among key domestic and export markets and critical enabling infrastructure. The Project has been strongly supported by The Western Australian Government being allocated Project of State Significance status.

The construction of this plant is a major milestone for Perdaman and for the Australian fertiliser industry. It demonstrates our commitment to innovation, sustainability, and reducing our environmental impact. We look forward to leading the industry in providing high-quality, sustainable fertilisers to support global food production and security.

 

About Perdaman

Perdaman is a multinational group based in Western Australia with a long-standing track record in involvement within a diverse range of markets. From investments in fertiliser production to help our farmers produce crops, to the ownership and management of shopping centres that make wonderful experiences and community hubs, from the production and distribution of pharmaceuticals to provide better healthcare, to recruitment & migration services and advanced energy solutions, we are an innovative company that actively seeks out new opportunities. Integral to this is our corporate culture of creating leaders and growing together as a team, and all our operations are backed by extensive financial services to ensure strength and growth. We are also highly involved in the community and actively give back – from supporting local sporting teams to contributing towards better education. We do what we do with passion, and we do what we do with a sincere desire to create a better tomorrow.

For more information, visit www.perdaman.com.au

 

About Global Infrastructure Partners

GIP is a leading independent infrastructure fund manager that makes equity and debt investments in infrastructure assets and businesses. GIP targets investments in the energy, transport, digital infrastructure, and water/waste sectors in both OECD and select emerging market countries. Headquartered in New York, GIP operates out of 10 offices: New York, London, Stamford (Connecticut), Sydney, Melbourne, Brisbane, Mumbai, Delhi, Singapore and Hong Kong. GIP manages c. US $89 billion for its investors. GIP’s portfolio companies have combined annual revenues of c. US $80 billion and employ over 100,000 people.

For more information, visit www.global-infra.com.

 

About Export Finance Australia  

EFA is Australia’s export credit agency. EFA supports Australia’s trade and infrastructure agenda by providing commercial finance for exporting businesses and Indo-Pacific infrastructure development. EFA administers the Australian Government’s National Interest Account, which includes the Critical Minerals Facility, the Defence Export Facility and lending for the Australian Infrastructure Financing Facility for the Pacific.

For more information, visit https://www.exportfinance.gov.au/

 

About Northern Australian Infrastructure Facility

NAIF is a Commonwealth Government development financier, investing for impact in Northern Australia. NAIF’s primary purpose is to accelerate infrastructure development and thereby drive transformational growth in northern Australia by innovative financing that:

  • Generates public benefit including that outside of what is captured by the project proponent.
  • Encourages longer term growth in the economy and population of northern Australia.
  • Encourages private sector participation in the financing of northern Australia’s infrastructure needs; and
  • Facilitates sustainable Indigenous participation, procurement, and employment outcomes.

For more information, visit: www.naif.gov.au 

 

Media Contact:

Rashpal Kaur (Manager – Corporate)

rashpal.kaur@perdaman.com.au

+61 477 722 620

28 Oct 2022
Community, Featured, From the MD's Desk, News Perdaman 0 comment

Media Release 28th October 2022

NSDC International partners with Perdaman to enhance India Australia trade in
Innovation, Skills and Education

 

Western Australia, 28th October 2022: NSDC International (NSDCI) and Perdaman collaborated to bring
forth a new era of growth, prosperity, and alliance, to establish an ‘exclusive partnership to become a
Gateway to Australia for the Indian skilled and business community. The association will build the trust and
credibility. Both the companies have become a natural partner (partner of choice) due to their business
strength which align to provide synergies in delivering premium services aligned to their core values. This
agreement will lead to deeper cooperation between the two companies to foster the Australia and India
mutual co-operation. This association has envisioned a big dream and has come together to assist to build
the Australian economy and has set up the below pathways for success:

• Vision: Exclusive Platforms to address the high skill shortage that are currently impacting the growth
of Australia
• Mission: To continuously transform the Indian trade relationship through talent, finance capability and
to promote education to Australia
• Tagline: Building the Australian economy with Indian trade & talent

Under the leadership of Hon’ble Prime Minister of India Shri Narendra Modi, the Centre is taking great efforts in
skilling, re-skilling and upskilling its youth. The National Skill Development Corporation (NSDC) launched NSDCI
as a 100% subsidiary to play role in steering national and international partnerships for overseas employment
through specific programmes, positioning India as the preferred hub for the supply of skilled workforce across
the globe. The collaboration will also provide students from India/Australia with the opportunity to study in the
reciprocal country through various channels. Going forward, it would also explore the scholarship opportunity
and the possibility of a reduction of the fee for students coming from economically weaker backgrounds. The
association will work in various industry sectors including manufacturing, hospitality, agriculture, renewable
energy and electric vehicles. 

Shri Ved Mani Tiwari, CEO, NSDC & Managing Director NSDC International visited Perth with the blessing
of Hon’ble Minister Pradhan to launch NSDC International with Perdaman in WA. The six (6) member delegation
met with the Premier of Western Australia, Hon Mark McGowan MLA. NSDC International “While India has a
huge network of training institutions consisting of Industrial Training Institutes (ITIs), Pradhan Mantri Kaushal
Kendras (PMKKs) and other institutions skilling millions of youths every year, Australia is facing an acute
shortage of skilled workers. As a result, there is an urgent need to create an enabling and facilitating
environment to benefit both countries. It is my firm belief that this partnership will not only make the process of
international mobility by a smooth process by removing any bottlenecks and procedural challenges but also
meet the aspirations of Indian youth to earn a livelihood in foreign countries.”

Chairman of Perdaman, Mr Vikas Rambal said “We welcome the Government of India’s initiative to build
stronger ties with Australia and they have chosen WA as a state to establish the network. This is a historic
moment for both the countries to have organisation like NSDC International to establish with local partner
Perdaman, for building the vision for the next generation of entrepreneurs and businesses.

 

 

 

 

 

 

 

 

 

 

 

Premier Mark McGowan welcomed the decision by Perdaman and NSDCI to establish the office in Western
Australia, and the opportunity to strengthen ties with India. Mr McGowan said, “My Government is committed to
enhancing our State’s already strong relationship with India, which is underpinned by common values, strong
people-to-people connections, and substantial trade and investment links. Earlier this year, our largest ever
business delegation travelled to India with a clear message – Western Australia is open for business and warmly
welcomes students, workers, visitors and investors.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

India is the world’s largest democracy with a very young population, providing a demographic advantage all the
way to 2055. Under Skill India Mission, sustainable skills strategies have been developed in collaboration with
the government, industries, and education systems, transforming Indian talent and making the youth the code
for global prosperity today. This presents significant opportunities for Australian businesses, including in
education, agriculture, energy, and tourism, to attract skilled workers from India and bridge the acute skill
shortage that plagues the country. A close partnership between the two nations in the skill sector will not only
contribute to nation-building but also bring up to $100 billion in bilateral trade in the next eight years.

India has always placed Australia at the forefront of its international partnership with both governments
recognising the significant potential for further collaboration across a myriad of areas such as trade, defense,
education, and skill development. To further strengthen the diplomatic ties, Dharmendra Pradhan, Minister of
Education Skill Development and Entrepreneurship recently visited Australia to discuss deploying Australian
Skill Standards & Certification frameworks in India. During the meeting, Pradhan reiterated India’s interest in
collaborations with Australia’s skilling institutions by saying that India’s young demography is the biggest
strength in the 21st century and will contribute to the nation as well as the global economy.

The recently signed interim free trade agreement between India and Australia has become the base for
enhanced cooperation in investments and other strategic engagements. The comprehensive interim
agreement provides zero-duty exports to almost 100% tariff lines from India to the Australian market and 85%
imports from India. The pact, which is expected to be effective in about four months will eventually pave the
way for a full Comprehensive Economic Partnership Agreement (CEPA).

***

About National Skill Development Corporation

 

Giving boost to Government Skill India Mission, National Skill Development Corporation (NSDC), a nodal skill
development agency, working under the Ministry of Skill Development & Entrepreneurship (MSDE),
Government of India, is a unique Public Private Partnership (PPP) that aims to catalyse the creation of a large
and quality vocational training ecosystem in India. Since inception in 2010, NSDC has trained over three crore
people through its collaboration with training partners pan India.

NSDC has established 37 Sector Skill Councils (SSCs) and implements the Government’s flagship skill
development schemes such as Pradhan Mantri Kaushal Vikas Yojana (PMKVY), National Apprenticeship
Promotion Scheme (NAPS), among others. NSDC also funds enterprises, companies and organisations that
provide skill training. The organisation enables private-sector capacity building in skill development by offering
concessional loans, other innovative financial products, and strategic partnerships. 

NSDC has launched NSDC International (NSDCI) with the sole purpose to create overseas employment
opportunities for skilled professionals. NSDCI is currently working with the Ministry of External Affairs and with
the Indian Mission abroad to advocate Indian’s strength as a country with abundant skilled professionals. 

About Perdaman Global Services

 

Perdaman is a multinational group based in Western Australia with a long-standing track record in
involvement within a diverse range of markets. From investments in fertiliser production to help our farmers
produce crops, to the ownership and management of shopping centres that make wonderful experiences and
community hubs; from the production and distribution of pharmaceuticals to provide better healthcare, to
recruitment & migration services and advanced energy solutions, we are an innovative company that actively
seeks out new opportunities.

These are just some of the commercial aspects of Perdaman. Integral to this is our corporate culture of
creating leaders and growing together as a team, and all our operations are backed by extensive financial
services to ensure strength and growth. We are also highly involved in the community and actively give back –
from supporting local sporting teams to contributing towards better education. We do what we do with passion,
and we do what we do with a sincere desire to create a better tomorrow.

 

 

For Media Enquiries
Mr Abhay Kumar Singh (National Skills Development Corporation International)
E: abhay.singh@nsdcindia.org
M: +61 413 102 505
Ms Rashpal Kaur (Perdaman)
E: rashpal.kaur@perdaman.com.au
M: +61 477 722 620

 

 

 

 

27 May 2022
News Perdaman 0 comment

$4.2BN US Karratha Urea Project – Revised EPC Contract Signed

$4.2BN US KARRATHA UREA PROJECT – REVISED EPC CONTRACT SIGNED

 

Perdaman Chemicals and Fertilisers has signed a revised Engineering, Procurement and Construction (EPC) contract for its Urea Project in Karratha with a 50/50 joint venture between Clough of Western Australia and Saipem of Italy.

The new total EPC contract price is USD $2.7billion, which has been revised from the previous contract signed in March 2021. This new price increase is due to changes in market conditions and logistical challenges faced in recent times.

Perdaman will invest a total of $4.2 billion US to develop the plant which will transform natural gas into urea, a form of fertiliser widely used in the production of food for future generations. Perdaman has secured natural gas for 20 years from Woodside under the Gas Supply Agreement signed in November 2018.

The Project has been strongly supported by The Western Australian Government, being allocated Project of State Significance status.

Perdaman acknowledges and pays its respect to the traditional custodians of the land and to past, present and emerging elders. Perdaman believes that the Urea Project will provide a major boost to the Western Australian economy by generating on average around 2,000 jobs during the three-year construction phase. On completion, the plant will provide 200 permanent jobs in Karratha.

Perdaman’s Chairman Vikas Rambal says the milestone is significant and is a strong example of economic diversification.
“The coronavirus pandemic and latest war in Ukraine has taught us an important lesson about the food security of our society and our over-reliance on imports,” said Mr Rambal.

“The company is pleased to be part of job creation for the State and is privileged to be a part of the manufacturing initiative project in WA again, and we are very thankful to the federal government for the continuous support,” said Mr Rambal.

27 May 2021
News Perthbranding 0 comment

WOODSIDE TO BRING LARGE-SCALE SOLAR TO THE BURRUP

Woodside is investigating the supply of approximately 50 MW of solar energy to the Woodside-operated Pluto LNG facility on Western Australia’s Burrup Peninsula.

The solar power would be supplied from the proposed Woodside Power Project, which could comprise more than 210,000 solar panels, making it one of the largest solar projects in Western Australia.

Woodside has undertaken a range of environmental, geotechnical and engineering studies and is progressing key stakeholder consultations ahead of seeking regulatory approvals for the power project.

Woodside Acting CEO Meg O’Neill said Western Australia is uniquely placed to capitalise on the state’s world-class renewable energy resources and the willingness of industry, government and other key stakeholders to cooperate on new energy opportunities.

“Woodside’s vision is for large-scale supply of renewable energy to existing and future industry on the Burrup Peninsula.

“We are lucky to have access to abundant natural resources, safe and reliable energy operations and both industry and government that are motivated to drive sustainable energy outcomes.

“Our work with Perdaman is another demonstration of the important role the gas industry can play in driving the energy transition and achieving net zero emissions by 2050,” she said.

Perdaman opportunity

Woodside and Perdaman have announced their intentions to evaluate the supply of a further 50 MW of solar power from the Woodside Power Project to Perdaman’s proposed urea facility.

Perdaman estimates incorporating solar power would reduce Perdaman’s fuel gas consumption by approximately 50% while reducing emissions by at least 200,000 tonnes of CO2-equivalent per year1, over 20 years. The initiative would also allow Perdaman to increase production of ammonia, which produces zero emissions at the point of use.

Perdaman Chairman Vikas Rambal said the initiative is strategically in line with Perdaman’s commitments to greenhouse gas management and carbon neutrality by 2050.

“This exciting initiative with Woodside will further enhance the manufacturing of blue ammonia for supply to the Asian market and help position Western Australia as a first mover in implementing renewable energy in a world-scale downstream industry.

“We look forward to working with Woodside on our shared objectives for a lower carbon future,” he said.

ADDITIONAL BACKGROUND

About Woodside

Woodside is Australia’s leading natural gas producer, operating 6% of global LNG supply in 2020.

Woodside’s aspiration is to reduce and offset carbon emissions to net zero by 2050. In addition, we have set new near-term and mid-term emissions reduction targets: a 15% reduction in net equity Scope 1 and 2 emissions by 2025 compared with the average emissions over the period 2016-2020, and a 30% reduction in net equity Scope 1 and 2 emissions by 2030.

In working towards these decarbonisation targets, Woodside is focused on a range of opportunities including carbon offsetting through bio-sequestration, utilisation of renewable power and the development of new energy opportunities through hydrogen.

Woodside holds a 90% interest in Pluto LNG and operates the Pluto LNG facilities.

About Perdaman

Perdaman is a multinational group based in Western Australia with a long-standing track record in involvement within a diverse range of markets. From investments in fertiliser production to help our farmers produce crops, to the ownership and management of shopping centres that make wonderful experiences and community hubs; from the production and distribution of pharmaceuticals to provide better healthcare, to migration services and advanced energy solutions, we are an innovative company that actively seeks out new opportunities.

These are just some of the commercial aspects of Perdaman. Integral to this is our corporate culture of creating leaders and growing together as a team, and all our operations are backed by extensive financial services to ensure strength and growth. We are also highly involved in the community and actively give back – from supporting local sporting teams to contributing towards better education. We do what we do with passion, and we do what we do with a sincere desire to create a better tomorrow.

Woodside’s proposal for large-scale solar to the Burrup

06 May 2021
News Perthbranding 0 comment

PERDAMAN SIGNS AN OFFTAKE AGREEMENT WITH INCITEC PIVOT FOR A WORLD CLASS UREA PLANT IN WESTERN AUSTRALIA

Perdaman Chemicals and Fertilisers (Perdaman) has signed a 20 year offtake agreement with Incitec Pivot Limited’s wholly owned subsidiary, Incitec Fertilizers Pty Ltd, for up to 2.3 million tonnes per annum of granular urea fertilizer from Perdaman’s proposed Karratha urea plant. The offtake agreement remains conditional upon Perdaman finalising its project finance for construction of the plant. Regulatory and other approvals are well advanced.

The $4.3 billion Karratha urea plant in Western Australia is scheduled to start production in the 4th quarter of 2025. It will be Australia’s first world scale urea plant, converting Australian gas into urea.

Perdaman Chemicals and Fertilisers’s Chairman Mr Vikas Rambal, said the signing of the offtake agreement represented a major step forward in the development of the plant. Perdaman’s Chairman Mr Vikas Rambal would like to thank IPL for supporting the historic project with the offtake agreement.

Mr Rambal said; “The Karratha urea plant has the potential to make Australia a major player in the global urea market.”

IPL Managing Director & CEO, Jeanne Johns, said; “The investment by Perdaman in a new, world-scale plant will make it one of the most energy efficient plants in the world utilizing low emissions technology.”

“We are pleased to support such a significant domestic manufacturing project that will use Australian gas to produce urea fertiliser, essential for our Australian and international agricultural markets”

Perdaman has now achieved several major milestones and is on track to commence construction of the Karratha urea plant during Q1 of 2022. The Karratha urea plant will deliver considerable benefits to the Western Australian economy, with planned capital expenditure of approximately $4.3 billion.

The project will generate between 1500 – 2000 construction jobs and 200 operational and indirect jobs once the Karratha urea plant begins production.

Mr Rambal said the offtake agreement was one of the final major milestones left to ensure the project is ready for groundbreaking in the 1st quarter of 2022.

Mr Rambal wants to thank the Traditional Owners, WA State Government, Federal Government and the community for fully supporting the project and the benefits this project will bring to WA and Australia.

Perdaman, who is advised by E&Y and Société Générale and represented by White and Case will now progress towards the finalisation of Project Financing.

Media Coverage:

The Australian

The Australian Financial Review

Business News

07 Oct 2020
News Perthbranding 0 comment

Media Coverage: Narrabri Win Unlocks $2bn of Investment – The Australian Business Review

Industrial heavyweights are hopeful of pushing ahead with $2bn of manufacturing investment after Santos won approval for its controversial Narrabri coalseam gas project in NSW, as opponents of the development threatened interventions to stop it going ahead.

Multinational Perdaman, Australia’s largest brickmaker Brickworks and retailer Weston Energy – which supplies gas to big users in the state – say the positive decision by the Independent Planning Commission may pave the way to build a new industrial base in the region.

Please read the article that appeared in The Australian Business Review 1 October 2020.

03 Aug 2020
News Perthbranding 0 comment

Media Coverage: “$2bn riding on Narrabri plant” – The Australian

Industrial giants Perdaman and Brickworks have warned that upto $2bn of planned spending on NSW manufacturing plants could be in peril if Santos’s Narrabri gas project fails to win approval, threatening a rare investment boost as the nation faces a pro-longed economic slump from the coronavirus pandemic.

Please read the article that appeared in The Australian 1 August 2020.

https://www.theaustralian.com.au/business/mining-energy/2bn-riding-on-narrabri-gas-plant-approval/news-story/807eef861562427f2ceaae80047dfb75 

01 Jul 2020
News Perthbranding 0 comment

$4.5BN KARRATHA UREA PROJECT AGREES EPC TERMS

Perdaman Industries (Chemical & Fertilisers) has signed a binding Heads of Agreement for the Engineering, Procurement and Construction (EPC) work for its Urea Project in Karratha with 50/50 joint venture between Clough of Western Australia and Saipem of Italy.

Perdaman will invest a total of $4.5 billion to develop the plant that will transform natural gas into urea, a widely used form of fertiliser for production of food for the future generation. Perdaman has secured natural gas for 20 years from Woodside under the Gas Supply Agreement signed in November 2018.

The Project has been strongly supported by The Western Australian Government, by giving it a state significant project status.

Perdaman acknowledges and pays its respect to past and present elders and young’s and the traditional custodians of the land. Perdaman believes that the Urea Project will provide a major boost to the Western Australian economy by generating on average around 2,000 jobs during the three-year construction phase. On completion, the plant will provide 200 permanent jobs in Karratha. Perdaman’s Chairman Vikas Rambal says the milestone is significant and is a strong example of diversification of the economy.

“The company is pleased to be part of job creation for the state and is privileged to be the part of the manufacturing initiative project in WA again,” said Mr Rambal.

The Perdaman facility will produce more than two million tons of urea per annum, estimated to generate significant export earnings for Western Australia as well as providing security of supply for Australian farmers.

“The coronavirus pandemic has taught us an important lesson about the food security for our
society and our over-reliance on imports,” said Mr Rambal.

The Clough and Saipem joint venture will act as the lead contractor for the EPC work that includes a water treatment plant, a power plant (100MW), as well as urea storage, loading and unloading facilities. A closed conveyer will transport the urea 7km direct to Pilbara Ports Authority for shipping to local and offshore markets, with 50 to 100 shiploads expected per year.

Peter Bennett, Clough CEO and Managing Director said it’s a significant project for Western Australia.
“We are very excited to be part of this milestone project,” said Mr Bennett. “During the construction phase, this world class facility will create around 2,000 jobs and will be an important development for the Australian resources industry, significantly reducing the nation’s reliance on fertiliser imports.

“We are delighted to partner with Saipem, renowned for its work in urea projects internationally. That combined with Clough’s Australian engineering and construction expertise, creates a capability that is unparalleled.” Alessandro Tattini, APAC Area Manager for Saipem Onshore commented the project is part of the Company’s in-country strategy.

“Saipem has a strategic interest in Australia as well as strong international expertise in urea and ammonia,” said Mr Tattini.
“Partnering with a company lie Clough, that has been delivering projects for more than a century is very important to us.
“This joint venture looks forward to bringing one of the largest urea projects in the world into production for Perdaman.”

MEDIA CONTACT
Rashpal Kaur
T: +61 8 9429 5111
E: rashpal.kaur@perdaman.com.au

About

Perdaman is a multinational group based in Western Australia with a long-standing track record in involvement within a diverse range of markets. From investments in fertiliser production to help our farmers produce crops, to the ownership and management of shopping centres that make wonderful experiences and community hubs; from the production and distribution of pharmaceuticals to provide better healthcare, to migration services and advanced energy solutions, we are an innovative company that actively seeks out new opportunities.

These are just some of the commercial aspects of Perdaman. Integral to this is our corporate culture of creating leaders and growing together as a team, and all our operations are backed by extensive financial services to ensure strength and growth.
We are also highly involved in the community and actively give back – from supporting local sporting teams to contributing towards better education. We do what we do with passion, and we do what we do with a sincere desire to create a better tomorrow.

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