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Al-Battar: Ammonia Complex Key to 2040 Plan
SABIC Agricultural Nutrients announced the award of a contract to build an industrial complex for the production of ammonia and urea in Saudi Arabia, valued at $3.47 billion. The project aims to support the Growth Strategy 2040, achieve sustainability, and attain carbon neutrality. The project includes an ammonia plant with a production capacity of 1.2 million tons annually, two urea production units with a combined capacity of 2.6 million tons, and a carbon capture unit. The goal of the project is to ensure sustainable supplies, maximize shareholder value, contribute to Saudi Arabia's Vision 2030, and support global food security.
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