2004 News Story

SABIC enters agreement with fertilizer distributors

Saudi Basic Industries Corporation (SABIC) today signed an agreement with a number of fertilizer distributors in the Kingdom to benefit both distributors and consumers, with the aim of timely delivery of fertilizers at fair prices. SABIC produces a variety of fertilizer grades that include ammonia and urea as well as compound and liquid phosphate.

SABIC’s three industrial complexes producing fertilizers - the Saudi Arabian Fertilizer Company (SAFCO), National Chemical Fertilizer Company (Ibn Al-Baytar) and Al-Jubail Chemical Fertilizer Co. (Samad) - have a total annual production capacity of 5.8 million metric tons, almost 90 percent of which goes to domestic markets.