01 January 2012

SAUDI Arabian Fertilizers Company (Safco) has awarded a turnkey project to Italy’s Saipem to design and build a SR2 billion ($533 million) urea plant in Jubail, Saudi Arabia.

Production capacity at the new plant – to be funded internally – is expected to reach 1.1 million tonnes of urea per year, Safco said. Construction will take 26 months. Commercial production is expected to start within the third quarter of 2014, the firm said.

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• Update
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• $533m urea plant deal
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• Haramain railway final phase to be flagged off
• MAN secures Damac contract

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