60 Days
Source:
مباشر
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Source: مباشر
60 Daysمباشر
Source: مباشر
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SABIC Agricultural Nutrients has approved the implementation of an industrial complex project for the production of ammonia and urea in the Kingdom, with an estimated cost of around 13 billion SAR (approximately 3.47 billion USD). The project includes a plant for ammonia production with a capacity of 1.2 million tons annually, two urea plants with a combined capacity of 2.6 million tons per year, and a carbon capture unit to enhance sustainability. Construction is expected to begin in the fourth quarter of 2026, with pilot operations starting in the third quarter of 2030, and the entire project is anticipated to be completed by the last quarter of that year. The project aims to increase urea production by 54%, reduce the carbon footprint through advanced technologies, and support the company's 2040 strategy aligned with Saudi Vision 2030 to strengthen its market position and support global food security.
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