Category: News

24 May 2019

Local member of the Pilbara Parliament, the Hon. Kevin Michel, visiting SNC-Lavalin office

We were pleased to welcome the Hon. Kevin Michel, a local member of the Pilbara Parliament, for a visit to SNC-Lavalin office for a briefing about Perdaman Urea project done by our Chairman, Mr Vikas Rambal and EPC contractors, Project Manager Enda Corcoran (SNC), Financial advisor Sean Vincent (EY) and Project Engineer Ishan Rambal (Perdaman).

The Perdaman team was able to show a 3D model of the project which is now finalised. The Hon, Kevin Michel, showed his appreciation towards the project development. 

06 May 2019

Final Design Alignment for the Perdaman Urea Project

Perdaman Chairman, Vikas Rambal, was glad to welcome Haldor Topsoe team from Denmark and Stamicarbon team from the Netherlands to successfully conduct the final design alignment. 

Perdaman thank and acknowledge both teams’ effort and work, the alignment of design meeting for the project was concluded by Perdaman Chairman. 

 

Read more: Perdaman Urea Project

29 Apr 2019

Perdaman Urea Plant: Meeting with Haldor Topsoe and Stamicarbon

Perdaman Chairman was please to welcome technology suppliers for the urea plant in Karratha, Haldor Topsoe and Stamicarbon teams to discuss the final design review for each technology. 

The meeting held in Perth was successful, Perdaman looks forward to working together with each team for the success of the plant. 

 

Read More:

Perdaman achieves major milestone with EPC contract to build Karratha Urea Project

Project Destiny

 

02 Apr 2019

Perdaman acquires The Village at Margs Shopping Centre

Perdaman is pleased to advise that The Village at Margs shopping centre located in Margaret River is now part of the Perdaman Commercial Property Group portfolio.

Having acquired the shopping centre for more than $20million, Perdaman’s Chairman, Mr. Vikas Rambal welcomes the new addition to the Group’s portfolio, having always had a strong interest in supporting and investing in the local WA community.

The complex is spread over 7,233 square metres with ample underground parking for 204 cars. It offers a range of stores, from major supermarkets such as Woolworths, BWS and Red Dot, to the beauty sector, specialty stores and everything you would need in one of the most touristic and attractive locations of Western Australia.

Media Coverage

Business News: Perdaman spends $20m on The Village at Margs

Australian Financial Review: Margaret River’s The Village mall sells for $20 

Investsize: Australia’s Perdaman Capital buys $20M Shopping Centre in Margaret River

 

27 Mar 2019

Perdaman announces Major Project Facilitation status granted by the Australian Federal Government for the Karratha Urea Project

Today, Perdaman Chemicals and Fertilisers (Perdaman) can announce that its Karratha Urea Project has been granted Major Project Status by the Australian Government Department of Industry, Science and Technology.

The Honourable Karen Andrews MP said that the project offers an opportunity to grow and diversify the Australian economy and contribute to the economic development of north Western Australia.

Perdaman’s Chairman, Mr Vikas Rambal, said that it was another positive step forward for the Project.

“Achieving Major Project Status shows the level of support that both the State and Federal Government are willing to provide for the Perdaman Karratha Urea Project and supports the significance that this Project will have to both industry innovation and economic growth.”

The Major Project Status will assist Perdaman with obtaining expedited Federal Government assistance and approvals for the Project through the Major Project Facilitation Agency.

Key highlights of the Perdaman Urea Project are as follow:

  • The project will create in excess of 2,000 direct jobs during the 3-year construction phase 
  • The project where possible will invest in the employment of local workforce, creating at least  200 full-time, permanent opportunities for residents to operate the plant on a non-fifo basis in Karratha
  • The plant will be Australia’s first urea export project supplying the growing Asia Pacific demand
  • Perdaman has invested US$200m into the project to date

 

Media Coverage

The West Australian: Major boost for $4.5b Pilbara fertiliser plant

World Fertiliser Magazine: Australian urea project granted Major Project Status

Brands Authority News: Major boost for $four.5b Pilbara fertiliser plant

 

25 Mar 2019

Pharmaceuticals products launch by Sunrise International Labs

Last week, Sunrise International Labs, an international pharmaceutical manufacturing and exporting company part of the Perdaman group, held an event in Antananarivo (Madagascar) to launch 3 pharmaceuticals formulation products. 

The products were presented to a total of 35 doctors from cardiology and urology therapeutic segments. 

Among the new Sunrise products presented, the “TELE-AM product” (Telmisartan BP 40mg + Amlodipine 5mg Tablets) is currently the 2nd most used generic product in India.

25 Mar 2019

AIM WA Pinnacle Awards Night

AIM WA Pinnacle Awards recognise and celebrate the achievements of organisations with a significant footprint in Western Australia. Winners receive leadership and management training to the value of $20,000 to give to a charity of their choice. 

This year, Perdaman proudly sponsored the PERDAMAN Pinnacle Award for Workplace Diversity Excellence Award, recognising organisations that have excelled in promoting diversity in the workplace. Some of the key characteristics of workforce diversity may include race, ethnicity, gender, age, religion, ability, and sexual orientation. In order to win the award, organisations had to include details of one or more major business initiatives, for example:

  • Initiatives that demonstrate that the organisation prioritises diversity and recognises the value of an inclusive workplace.
  • How diversity is driven and/or supported by the senior leadership team who demonstrate an inclusive workplace.
  • Programs that demonstrate a cultural change approach to diversity where principles are embedded in the DNA of the organisation.

 

Congratulations to Black Swan State Theatre Company for winning the award this year.

Vikas Rambal (Perdaman Chariman) & Linda Savage (Director at Black Swan State Theatre Company) 

27 Feb 2019

Local Narrabri gas to underpin new manufacturing jobs in northwest NSW

Santos and Perdaman have today announced a non-binding agreement for the supply of 14.5PJ of natural gas per annum over 20 years, subject to a final investment decision for the Narrabri Gas Project.

The gas would be supplied to a proposed new ammonium nitrate plant near Narrabri to produce fertiliser for agribusiness, a key sector of the NSW economy. The plant would be developed in parallel with the Narrabri Gas Project to use appraisal and early development gas.

Hybrid power, a combination of gas-fired power generation integrated with renewable power generation will also be assessed to provide electricity to both the Narrabri Gas Project and the ammonium nitrate plant.

The plant is expected to support 700 jobs during construction and another 100 direct and 100 indirect ongoing jobs during operations. This is in addition to the hundreds of jobs that will be supported by the Narrabri Gas Project during both construction and operations.

These two projects will be a boost for small businesses and the communities in and around Narrabri.

Santos Managing Director and CEO Kevin Gallagher said Santos has committed to develop the Narrabri Gas Project solely for the east coast domestic gas market.

“Narrabri gas will be very competitively-priced gas. Santos will bring to Narrabri our experience in Queensland where we have reduced connected well costs by a massive 84 per cent since 2015. Keeping the cost of supply down is a very good way to keep gas prices down,” Mr Gallagher said.

“The Narrabri Gas Project could produce enough gas to supply up to half NSW’s needs.

“It’s also very important to us that the environment and water resources are protected, and NSW has very strong environmental regulation to ensure Narrabri can be developed safely and sustainably. The Narrabri Gas Project is currently being assessed by the NSW Department of Planning ahead of a decision by the Independent Planning Commission.

“We want the process to be comprehensive and robust so the community can be confident in the outcome. There is no place for politics in the independent planning process,” Mr Gallagher said.

Manufacturing customers like Perdaman recognise the importance of locating new plants close to new natural gas supply sources and are hopeful the Narrabri Gas Project will proceed to a final investment decision as soon as possible.

Narrabri is ideally located for new manufacturing with nearby access to the new Inland Rail linking key east coast ports and the national highway system.

Perdaman Group’s Founding Chairman and Managing Director, Mr Vikas Rambal, was pleased to enter the agreement with Santos.

“The cheapest gas for manufacturing projects like ours is always going to be available close to the supply source so you don’t have to pay for long-distance transport and unnecessary processing,” Mr Rambal said.

“We will bring new competition, which is always good for prices, to the fertiliser market in NSW and that will be good for farmers in the region.”

“And new industries will help support small businesses, better infrastructure, better health and education services, and growth in the communities in and around Narrabri,” Mr Rambal said.

Media Coverage

 

Financial Review Article1

Financial Review Article2

https://www.moreechampion.com.au/story/5929389/santos-teams-up-with-fertiliser-company-to-supply-narrabri-gas-to-proposed-ammonium-nitrate-plant/?cs=1483 

http://www.miningweekly.com/article/santos-to-supply-narrabri-gas-to-perdaman-plant-2019-02-27 

http://www.youroilandgasnews.com/local+narrabri+gas+to+underpin+new+manufacturing+jobs+in+northwest+nsw_150607.html

https://www.lngworldnews.com/tag/perdaman/ 

https://itc.icn.org.au/project/4259/perdaman-chemicals-and-fertilisers?st=projects&psid=1557449761

The Australian article 28-05-19

23 Nov 2018

Perdaman – Woodside Agreement Media Coverage

Media coverage about our recent announcement for the agreements with Woodside and the EPC contract with SNC Lavalin:

The West:

https://thewest.com.au/business/manufacturing/perdaman-and-woodside-sign-20-year-gas-deal-for-45-billion-urea-plant-ng-b881026650z

Reuters:

https://af.reuters.com/article/commoditiesNews/idAFL4N1XV3DD

Marketscreening:

https://www.marketscreener.com/WOODSIDE-PETROLEUM-LIMITE-6491395/news/Woodside-Petroleum-signs-agreement-for-long-term-domestic-gas-supply-27636999/

NewsWire:

https://www.newswire.ca/news-releases/snc-lavalin-signs-agreement-with-perdaman-for-development-of-urea-plant-in-western-australia-700950962.html

Exploration & Production:

https://www.epmag.com/woodside-petroleum-signs-20-year-gas-supply-deal-perdaman-1723141

World Fertilizer Magazine:

https://www.worldfertilizer.com/project-news/20112018/woodside-to-supply-gas-to-perdaman-for-use-in-western-australia-urea-plant/

https://www.worldfertilizer.com/project-news/21082019/perdaman-chooses-syncor-solution-for-worlds-largest-ammonia-plant/

Energy News Bulletin:

https://www.energynewsbulletin.net/investment/news/1351466/perdaman-signs-gas-agreement-for-125tj-d-of-scarborough-gas

Hydrocarbons Technology Magazine:

https://www.hydrocarbons-technology.com/news/woodside-supply-gas-perdaman/

Kallanish Energy:

http://www.kallanishenergy.com/2018/11/21/woodside-inks-20-year-gas-supply-deal-in-australia/

Financial Review:

https://www.afr.com/business/energy/gas/west-australia-set-for-43b-urea-plant-after-woodside-gas-deal-20181120-h185dn

Finance News Network:

https://www.finnewsnetwork.com.au/archives/finance_news_network211284.html

Oil & Gas Journal:

https://www.ogj.com/articles/2018/11/woodside-signs-supply-agreement-for-scarborough-gas.html

LNG World News:

https://www.lngworldnews.com/woodside-inks-gas-supply-deal-with-perdaman-chemicals/

Offshore Energy Today:

https://www.offshoreenergytoday.com/woodside-finds-buyer-for-scarborough-field-gas/

Midstream Business:

https://www.midstreambusiness.com/woodside-petroleum-signs-20-year-gas-supply-deal-perdaman-1723141

Investsize:

https://www.investsize.com/en/canada%E2%80%99s-snc-lavalin-australia%E2%80%99s-perdaman-sign-%2443-bln-fertiliser-plant-deal

Investing.com:

https://au.investing.com/news/commodities-news/update-1woodside-petroleum-signs-20year-gas-supply-deal-with-perdaman-1325525

https://au.investing.com/news/commodities-news/woodside-petroleum-perdaman-sign-20year-gas-deal-1325513

Brandauthority News:

http://brandsauthority.com/perdaman-and-woodside-sign-20-year-gas-deal-for-4-5-billion-urea-plant/

Incoreinsightlytics:

http://www.incoreinsightlytics.com/woodside-petroleum-signs-20-year-gas-supply-deal-with-perdaman-chemicals-and-fertilisers/

Chemengonline.com:

https://www.chemengonline.com/perdaman-chooses-syncor-solution-for-worlds-largest-ammonia-plant/?printmode=1

Refiningandpetrochemicalsme.com:

https://www.refiningandpetrochemicalsme.com/tags/perdaman-chemicals-and-fertilisers

Process-Worldwide.com:

https://www.process-worldwide.com/perdaman-signs-contract-with-haldor-topsoe-for-developing-worlds-largest-ammonia-plant-a-858913/

 

22 Nov 2018

Western Australia set for $4.3b urea plant after Woodside gas deal

Story from The Australian Financial Review: https://www.afr.com/business/energy/gas/west-australia-set-for-43b-urea-plant-after-woodside-gas-deal-20181120-h185dn

A $4.3 billion urea fertilisers plant proposed for Western Australia has taken a leap forward after private project backer Perdaman Group inked a large gas purchase contract with Woodside Petroleum that also gives a boost to the proposed $US11 billion ($15.2 million) Scarborough gas project.

Perdaman’s chemicals and fertilisers arm signed a binding deal with SNC-Lavalin for the construction of the plant, which will produce about 2 million tonnes a year of urea, mostly for the export market.

While Perdaman is still to lock in partners for the project and finalise financing and approvals, it is targeting early 2019 to begin construction. Chairman Vikas Rambal said it would kick-start a new wave of local manufacturing in the state.

Under the 20-year gas deal, which firms up an initial agreement announced in April, Woodside will supply 125 terajoules a day of fuel, mostly from its Scarborough field, which is also earmarked to supply an expansion of the Pluto LNG project.

Deliveries of gas are due to begin to the urea plant between 2023 and 2025 and the contract can be extended by five years to 25 years in total.

Woodside chief executive Peter Coleman described the deal as “significant”, noting it represented another step towards delivering the Burrup Hub, which would see gas supply and production optimised between the Pluto and North West Shelf ventures that lie close by each other on the Burrup Peninsula.

“The realisation of our vision for the hub will ensure that the world-class North West Shelf and Pluto facilities on the Burrup Peninsula are positioned to meet both domestic gas and global LNG demand for decades to come,” Mr Coleman said.

Jobs creation

Woodside is targeting a final investment decision on the Scarborough project, which will also involve an additional LNG train to be built at the Pluto site, in late 2019.

Some 2000 jobs will be created during the three-year construction of the urea plant at Karratha, with 200 jobs involved once production starts. Perdaman estimates the project will bring some $US15 billion into the local economy over the life of the plant.

Meanwhile, Perdaman and Woodside agreed to co-operate on a hydrogen and gas technology park that is to be powered by renewable energy. The park would support the Burrup Hub and the development of a broader renewable energy economy in WA targeting the domestic and export markets.

The park, to be used for trials and field testing, is the latest of several alliances that Woodside has struck in its long-term push to develop a hydrogen business that would complement its LNG export activities.