Category: News

A new study examining the potential for carbon storage to help in the development of low emissions coal technology is currently underway in Western Australia’s South West region.

The Lower Lesueur Carbon Dioxide Geosequestration Study involves a desktop analysis of the suitability of locations to store carbon dioxide in the Southern Perth Basin between Bunbury and Mandurah.

Mr Van Gent said the study was a valuable investment for Western Australia’s coal industry and in striving towards a low emissions future.

View the full article from Prospect Magazine

The Perdaman Chemicals and Fertilisers’ (Perdaman) Public Environmental Review (PER) document has been considered acceptable by the Environmental Protection Authority (EPA) for release for an eight week public comment period commencing 28 September.

Key points highlighted in the document include:

• The proposed PCF plant generates considerably less CO2 (-40%) per tonne of coal used compared to burning coal for power generation.
• The Collie Urea Plant contributes very little to modelled air pollutant concentrations, < 1% SOx, 1% NOx and 3% particulates.
• Traffic volumes in relation to the project will be well within guideline levels  for the Coalfields highway.
• A combination of engineering design features at Collie and Bunbury, together with continuous rail car unloading practices at Bunbury, will be employed to minimise noise emissions from the project.
• No Threatened Ecological Communities, Declared Rare Flora or Priority Flora were identified on the site.

View the Public Environmental Review Announcement

A new wave of Indian investment could flow into Western Australia in the wake of a landmark $3.5 billion coal-to-urea project at Collie, potentially heralding a new phase in the state’s relationship with India. The Indian government agreeing to buy the locally produced Urea is a sign of the project’s potential as a catalyst for expanding WA’s ties with India.

View the full article from Western Australian Business News

Perdaman Chemicals and Fertilisers (Perdaman) has announced that South Korea’s Samsung C&T Corporation has agreed to invest approximately $40 million in its Collie Urea Project. The project is on track to obtain relevant approvals by end of 2009 and is heading towards achieving financial close by mid next year.

Please see below for all media coverage of this milestone –

The Australian Financial Review – Samsung C&T signs first deal in WA
The Australian – Samsung invest in $3.5b urea plant
The West Australian – Samsung stumps up $40m for $3.5b Collie fertiliser project
Western Australian Business News – South Korea backs $3.5b Collie urea plant

Perdaman Chemicals and Fertilisers (Perdaman) today announced that global Korean corporation Samsung has agreed to invest approximately $40 million in its Collie Urea Project. The project is on track to obtain relevant approvals by end of 2009 and is heading towards achieving financial close by mid next year.

“This investment by Samsung C&T Corporation in a downstream processing project in W.A reinforces the strength of the Perdaman Collie Urea Project and proves to the world that Western Australia is fast becoming a downstream industrial hub. Investment in projects such as this helps to sustain industry and supports regional development for the long term,” The Hon Brendon Grylls said.

“We are delighted to be the recipients of this major investment by one of the world’s premier industrial conglomerates. Samsung’s participation is a public show of faith in our project and its viability and we are pleased to have them as partners in our project.” Mr Rambal said.

This investment by Samsung C&T Corporation is in addition to the recent announcement by Perdaman Chemicals & Fertilisers one of the sister companies, Samsung Engineering, will undertake the lead Engineering, Procurement and Construction (EPC) role for the Perdaman Collie Urea Project.

View the Samsung Investment Annoucement

The Western Australian Government has welcomed an announcement by Perdaman Chemicals and Fertilisers that the Samsung Corporation have become investors in their $3.5 billion Coal to Gas Urea project in Collie.

“I congratulate Perdaman Chemicals and Fertilisers on their project and welcome the Samsung Corporation as investors in a industry that will open a new chapter in the economic development of Collie.” Mr Grylls said.

“Not only will it provide an economic stimulus to the Collie region but the project will attract a construction workforce of some 15 hundred people and approximately 200 permanent employees.”

“The Western Australian Government has worked closely with Perdaman to secure this project, and in doing so, both the company and the State Government have set themselves challenging timelines.” Mr Grylls said

View the Announcement from the Minister of Regional Development.

Perdaman Chemicals and Fertilisers (Perdaman) has appointed Société Générale Corporate and Investment Banking as its financial advisor for the Collie Urea Project in Western Australia.

As financial advisor, Société Générale’s role involves assisting Perdaman to identify, coordinate and arrange debt funding sources for the Project’s development, as well as access to relevant markets.

Perdaman and Société Générale are working towards achieving financial close for the Project around the middle of 2010. Currently, the permitting and environmental approvals for the Project are expected to be complete by December 2009. The engineering procurement construction contractors have been secured and the core technology selected.

View the Perdaman Financial Advisor Announcement

“Perdaman Chemicals and Fertilisers, signed licensing agreements covering the key technology to be used in the plant, the final major contract with suppliers ahead of commissioning the plant’s construction.”

View the full article from The Australian Financial Review

“Perdaman Chemicals and Fertilisers selected three international companies to supply its coal gasification, ammonia and urea melt and granulation technology for its $3.5 billion Collie Urea Project last week. Perdaman projects director Joseph McCarthy said it is now time to look locally.”

View full article from The South Western Times

Perdaman Chemicals and Fertilisers (Perdaman) has selected its coal gasification, ammonia and urea melt and granulation technology providers for the A$3.5 billion Collie Urea Project in Western Australia.

The state of the art technologies will be sourced from three international companies. Oil and gas major Shell will provide the plant’s core coal gasification and gas treatment technology, with Danish company Haldor Topsoe A/S providing the ammonia synthesis technology, and Netherlands company Stamicarbon BV providing its Urea 2000 plus^TM melt technology and fluid bed granulation technology.

Each of the technology providers is a world leader in its field and they will all work closely with the EPC contractors to complete the detailed engineering design work for the 2 million tonne per annum plant.

The Collie Urea Project will transform sub‐bituminous coal into urea, a widely used form of fertiliser, using state of the art emissions coal gasification technology. The plant will generate in excess of A$850 million per annum in export earnings for Western Australia.

View the Perdaman Technology Announcement