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Last updated on April 19, 2014 at 21:20 EDT

ARCADIS Logos Wins US$ 80 Million Contract for Samarco Pelletizing Plant Project

May 21, 2010

ARNHEM, The Netherlands, May 21, 2010 /PRNewswire-FirstCall/ — ARCADIS
(EURONEXT: ARCAD), the international consultancy, design, engineering and
management services company, announced today that its affiliated company in
Brazil, ARCADIS Logos, has signed a US$ 80 million contract with Samarco, a
company owned by VALE and BHP, to provide project management services for the
realization of a pelletizing plant project (the P4P project). With a total
investment of about US$ 2.8 billion, the project aims to increase the
installed capacity of the Ubu Pelletizing Complex up to 30 million tons per
year.

The P4P project comprises the construction of a new iron ore plant, in
the state of Minas Gerais, and a new pelletizing plant integrated into an
iron ore stockyard, in the state of Espirito Santo. The two sites will be
linked by a pipeline with a total length of 400 km, as part of the P4P
project. The project will be implemented in two phases with a total duration
of almost four years. The first phase, from May to December 2010, will focus
on the consolidation of the feasibility studies and will represent
approximately 5% of the total contract value. The start of the second phase
is conditional to approval by the shareholders (VALE and BHP) in December
2010
. The second phase will entail implementation of the project and is
expected to be completed by December 2013 with the start-up of the
pelletizing operation. ARCADIS Logos will provide project management and
consulting services for Samarco with a team of approximately 230 people on
four job sites.

“Our long term experience in managing projects in the mining sector and
our performance during the implementation of the Samarco 3rd pelletizing
project are the main reasons for ARCADIS Logos to be chosen for this
prestigious assignment. The contract gives continuity to our long term
successful partnership with Samarco and reinforces the good relationship
between ARCADIS Logos and its customers.” said Manoel Antonio A. Avelino da
Silva
, CEO of ARCADIS Logos.

About ARCADIS:

ARCADIS is an international company providing consultancy, design,
engineering and management services in infrastructure, water, environment and
buildings. We enhance mobility, sustainability and quality of life by
creating balance in the built and natural environment. ARCADIS develops,
designs, implements, maintains and operates projects for companies and
governments. With 15,000 employees and EUR 1.8 billion in revenues, the
company has an extensive international network supported by strong local
market positions. ARCADIS supports UN-HABITAT with knowledge and expertise to
improve the quality of life in rapidly growing cities around the world. Visit
us at: http://www.arcadis.com

SOURCE ARCADIS NV


Source: newswire