The Libyan Norwegian Fertiliser Company is located at Marsa el Brega, on the Mediterranean coast, about 700 kilometers east of the Libyan capital Tripoli.
Lifeco, employing approximately 1.200 persons, is operating, since February 2009, two Ammonia and two Urea plants (prilling) in Marsa el Brega. The majority of the finished product volumes is sold to countries around the Mediterranean Sea. Significant volumes are also sold to countries further down in Africa and into the 77 Americas.
Partnering For Success
Established in February 2009, the Libyan Norwegian Fertiliser Company is the only producer of mineral fertiliser in Libya. The company was established as an international partnership between Libyan industry and Norway's world leading fertiliser company Yara to develop NOC's long existing fertiliser complex at Marsa el Brega.
Lifeco is a joint venture between Libya's National Oil Corporation (NOC) and the Libyan Investment Authority (LIA), which control 25% of the shares each, and Yara International, which holds the remaining 50% of the shares.
Lifeco will benefit from Yara's technological and operational know-how, including its worldwide standards for safe and efficient plant operation and maintenance. Yara systematically collects and shares crucial learning and best practices from its 24 ammonia plants and 12 urea plants. Key Lifeco staff will participate in Yara's Technical Network, in order for Lifeco to benefit from this knowledge pool and to offer international development opportunities to Lifeco's Libyan staff.
Libya's fertiliser industry has been developed based on the country's energy resources. The establishment of the Lifeco and its integration with Yara's network brings the Libyan industry into the global fertiliser industry and market, opening for production growth and market expansion. The fertiliser industry is truly global, and Yara is its most global player, with production in a dozen countries, presence in about 50, and sales to around 120. Yara's annual production capacity of fertiliser stands at about 20 million tonnes, and Yara is selling about 30 million tonnes annually in all parts of the world.
As industry shaper within fertilisers and nitrogen chemicals, Yara has developed a unique ability to integrate people, cultures, knowledge and experience in its development of best practices.
The Lifeco partnership aims to modernize and upgrade the production plants and processes at Marsa el Brega; optimizing and increasing plant efficiency and output, and to secure international market access. In the longer term, the company will evaluate the establishment of new production facilities - largely dependent on supplies of natural gas and global market prospects. Through SOC, NOC has developed a local structure and an organization with excellent knowledge of the fertiliser plants, and a complete well-structured services department. Combined with Yara's unique global network and international position, this provides a solid foundation for making the partnership an industrial and commercial success.
The joint venture has been established primarily to produce and market mineral fertiliser from Libya's only ammonia/urea complex, at Marsa el Brega, formerly owned by the Sirte Oil Company (SOC). The partnership agreement calls for optimization and upgrading of existing plants, as well as the potential development of additional fertiliser production plants in Libya.
Lifeco employs about 1,200 people at its Marsa el Brega production complex. The vast experience of the employees constitutes a major asset for the company. The Lifeco staff, who have mainly been recruited & transferred from corresponding positions at SOC, possess an intimate know-ledge & significant experience of ammonia and urea production.
Lifeco will build its future on the strong industrial culture, know-how and experience of the staff at Marsa el Brega. The management's commitment to recognizing the value of the workers' skills and contributions is reflected in a social contract giving employees opportunities for further education and training. For managers and experts, the partnership with Yara provides career opportunities in its global operations.
Lifeco will support its future development by introducing management tools and systems currently used in Yara's worldwide operations, and by leveraging the international experience and best practices of a company whose production base includes 24 ammonia plants and 12 urea plants. As a responsible partner with a multinational staff of more than 8,000 employees, Yara will also help to ensure that health, environment, security and quality performance conforms with its global standards.
Lifeco management team
Jacques de Buck
Senior Expert in Management Information Systems
Chief Executive Officer
Chief Technical Officer
Ibrahim N. Khalifa
Chief Financial Officer
Lifeco has a core management team of senior executives with extensive experience of both Libyan industry and the international fertiliser industry.
The Board is the highest executive level of Lifeco, consisting of eight Directors: four appointed by NOC and LIA, four by Yara. NOC/LIA have the right to appoint the Chairman. The Chief Executive Officer (CEO) of Lifeco reports to the Board and leads the core management team. Yara has the right to appoint the first CEO. In addition, Yara has seconded an expert in management support systems and NOC/LIA has seconded a deputy to each of the ammonia, urea and maintenance areas.