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مباشر
Ma'aden and Sabic Nutrients explore joint investments
Saudi Mining Company (Ma'aden) and SABIC Agricultural Nutrients have signed a memorandum of understanding to explore and assess opportunities for cooperation and joint investment in the fertilizer and agricultural nutrients sector within the Kingdom. The memorandum aims to enhance value chain integration, develop value-added products, and increase production efficiency, with a focus on nitrogen and phosphate products. The agreement is valid for three years and is subject to legal and commercial studies and evaluations. It is currently non-binding in financial terms and represents a vital step in strengthening the companies' global and national positions in the agricultural sector.
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