Press Release: Cronus Chemicals : Cronus Fertilizers Signs EPC Contract with Maire Tecnimont for Illinois Fertilizer Plant

CHICAGO--(BUSINESS WIRE)--Cronus Fertilizers announced today that it has executed an Engineering, Procurement and Construction (EPC) contract with Tecnimont - Illinois, a subsidiary of Tecnimont S.p.A., for the Cronus Fertilizers plant in Tuscola, Illinois. The Lump Sum Turnkey (LSTK) EPC contract is valued at approximately $1.5 billion and is pursuant to the Memorandum of Understanding signed by Cronus and Tecnimont S.p.A. (Italy) in November 2014. Tecnimont S.p.A is the main subsidiary of Mai