FFE Minerals India Pvt Ltd has won the mandate to design and supply a 3.5 lakh tpa coke calcining plant in Kuwait. The order placed by Kuwait-based Petroleum Coke Industries Co  (PCIC) is valued at Rs.120 crore.

The coke calcining plant to be completed in 18 months will be developed on BOT basis. This incidentally is Kuwait's first BOT project in the oil sector.

FFE Minerals India, which expects to supply 8,000 tonnes of construction material from India for the plant, will continue to play a post-construction role.

Project Background:

State-owned Kuwait Petroleum Corporation awarded the construction rights of the calciner project to PCIC on BOT basis with a concession period of 22 years. PCIC will develop the project, for which the construction contract has been awarded to FFE Minerals India, in consortium with two Kuwaiti companies -- Al-Mal and AH Al-Sagar -- and US-based Oxbow Carbon & Minerals LLC. Rain Calcining of India will have a 11.5 per cent stake in the PCIC. FFE Minerals will also be a minority shareholder in PCIC with a stake of 2 per cent.

About Calcining:

Calcining is a process by which petroleum coke is converted into calcined petroleum coke, an ingredient used in the manufacture of aluminium. For every tonne of aluminium, around 0.4 tonnes of CPC is required.

Also See:

Rain Calcining's Kuwait project shapes up (8-Jun-05)

INTORDR