The company will proceed with its project in Saudi Arabia, awarding the contract to Samsung E&A Co.
SABIC Agri-Nutrients Co. has awarded a USD 3.46 billion engineering, procurement and construction contract to Samsung E&A Co., Ltd. to build a new industrial complex for ammonia and urea production in Saudi Arabia.
In a statement, the company said the plants are expected to be commissioned in Q3 2030, with commercial production scheduled to begin in the fourth quarter.
The new complex will include an ammonia plant with an annual capacity of 1.2 million tonnes and two urea plants with a combined annual capacity of 2.6 million tonnes.
Under this project, SABIC AN’s urea production capacity will increase from 4.8 million to 7.4 million tonnes per year, a 54 percent rise compared to current levels.
The project comes as the Kingdom seeks to strengthen its position as a major global producer and exporter of fertilizers, while expanding its industrial base and capturing rising demand for ammonia and urea.
The ammonia plant in the facility will use Kellogg Brown & Root LLC technology, while the urea plants will function using Stamicarbon B.V and thyssenkrupp Uhde Fertilizer Technology GmbH technologies.
The industrial complex also has a carbon capture unit utilizing Shell Global Solutions International B.V technology.
SABIC AN’s 2040 strategy is framed by the company as a long-term growth and sustainability agenda aimed at cementing its role as the Kingdom’s agri-nutrients national champion and a leading global producer and exporter of nitrogen fertilizers.
The plan is focused on expanding production scale, strengthening the nation’s position in agricultural nutrient export markets, and contributing to global food security in line with Vision 2030.
