AMSTERDAM, THE NETHERLANDS--(Marketwired - Aug 1, 2013) -

Amsterdam, the Netherlands / 1 August 2013 8:30 AM URS / Weitz Joint Company Awarded Mechanical, Electrical and Instrumentation Erection Works Contract for Iowa Fertilizer Company Orascom E&C USA Inc. (OEC USA), OCI N.V's wholly owned engineering and construction subsidiary based in the United States, announced today that it has awarded RW Constructors LLC a subcontract to execute Mechanical, Electrical, and Instrumentation (MEI) erection works at the Iowa Fertilizer Company (Iowa Fertilizer). RW Constructors is a 50/50 special purpose company formed between Rust Constructors Inc., a URS Corporation subsidiary, and The Weitz Company, a wholly owned subsidiary of OCI N.V., to execute the MEI erection works for the ammonia, urea, ammonium nitrate, nitric acid, and urea ammonium nitrate Inside Battery Limit plants at Iowa Fertilizer. Robert W. Zaist, President of Energy & Construction for URS Corporation, stated, "URS and OCI have an outstanding record of cooperation and project delivery, and we are pleased to bring the combined experience and resources of our two companies together to deliver Iowa Fertilizer and other major industrial projects to clients in the North American market." Osama Bishai, OCI Construction Group Chief Operating Officer, commented: "This is the last major construction subcontract to be awarded at Iowa Fertilizer, and we are on track to complete construction works in the summer of 2015. Having worked extensively with URS in the Middle East on 16 projects valued at nearly US$ 720 million over more than 20 years, we are proud to capitalize on our long-standing legacy of successful partnerships with URS. We are confident that RW Constructors LLC is the start of a strategic alliance similar to our experience in the Middle East, with the joint company currently pursuing other construction opportunities in the United States' industrial and petrochemical construction markets." The MEI erection works are scheduled to begin in the third quarter of 2013. About OCI N.V.: OCI N.V. is a global nitrogen-based fertilizer producer and engineering & construction contractor based in the Netherlands. The Fertilizer Group owns and operates nitrogen fertilizer plants in the Netherlands, the United States, Egypt and Algeria and has an international distribution platform spanning from the Americas to Asia. The Fertilizer Group ranks among the world's top fertilizer producers with a fertilizer production capacity of nearly 7 million metric tons. The Construction Group provides international engineering and construction services primarily on infrastructure, industrial and high-end commercial projects in the United States, Europe, the Middle East, North Africa and Central Asia for public and private clients. The Construction Group ranks among the world's top global contractors. OCI N.V. employs more than 75,000 people in 35 countries around the globe and is listed on the NYSE Euronext in Amsterdam. About URS Corporation: URS Corporation is a leading provider of engineering, construction and technical services for public agencies and private sector companies around the world. The Company offers a full range of program management; planning, design and engineering; systems engineering and technical assistance; construction and construction management; operations and maintenance; information technology; and decommissioning and closure services. URS provides services for federal, oil and gas, infrastructure, power, and industrial projects and programs. Headquartered in San Francisco, URS Corporation has more than 50,000 employees in a network of offices in nearly 50 countries. For additional information contact: Investor Relations For additional information on OCI N.V.: Department: Omar Darwazah www.ocinv.nl Email: odarwazah@orascomci.co.uk Mijnweg 1, Erika Wakid 6167 AC Geleen, Email: The Netherlands ewakid@orascomci.co.uk Hassan Badrawi OCI N.V. stock symbols: OCI / OCI.NA / Director OCI.AS / OCINY Tel: +202 2461 1036/0727/ 0917 Fax: +202 2461 9409 This information is provided by RNS The company news service from the London Stock Exchange END