Saudi Arabia’s $8bn phosphate project begins productionThe Ma’aden Wa’ad Al-Shamal Phosphate Company’s (MWSPC) $8 billion Umm Wu’al phosphate project in Saudi Arabia has started production of ammonia, merchant-grade acid and fertilizer, said US-based Fluor Corporation. More… |
Saudi Arabia’s $8bn phosphate project begins productionThe Ma’aden Wa’ad Al-Shamal Phosphate Company’s (MWSPC) $8 billion Umm Wu’al phosphate project in Saudi Arabia has started production of ammonia, merchant-grade acid and fertilizer, said US-based Fluor Corporation. More… |
GCC fertiliser industry more than doubles in 10 yearsWith a production capacity of 40.9 million tonnes, the Gulf Cooperation Council’s (GCC) fertiliser capacity has grown by 102 per cent since 2004, according to the Gulf Petrochemicals and Chemicals Association (GPCA). More… |
Safco's new urea plant delayed furtherThe start-up of a new urea plant owned by Saudi Arabia Fertilizers Company (Safco) has been pushed back further and is now expected by the end of June, Safco said on Sunday. "The plant is still in the trial operations stage a More… |
GE Oil & Gas unit wins Qafco optimisation dealGE Oil & Gas today announced that its Downstream Technology Solutions (DTS) business has been awarded a long-term service contract with Qatar Fertiliser Company (Qafco) to help optimise the performance of the company’s fertilizer plant More… |
GE Oil & Gas unit wins Qafco optimisation dealGE Oil & Gas today announced that its Downstream Technology Solutions (DTS) business has been awarded a long-term service contract with Qatar Fertiliser Company (Qafco) to help optimise the performance of the company’s fertilizer plant More… |
Safco Q4 net profit falls 3pc, misses forecastsSaudi Arabian Fertilizer Company (Safco) reported a 3 per cent drop in fourth-quarter net profit on Monday, missing analyst forecasts due to lower ammonia sales and reduced profits from a sister company. The company, a unit of Sau More… |
Safco Q4 net profit up 25pc to $453mSaudi Arabian Fertilizers Company (Safco) reported a fourth quarter net profit of 1.27 billion riyals ($453 million) on Wednesday, a 25 percent rise over the same period of the previous year that it attributed to a rise in fertiliser prices and sa More… |
Safco Q2 profit falls 13pc; misses forecastSaudi Arabian Fertilizers Co (Safco) on Sunday said its quarterly net profit fell 13 percent, missing analysts expectations for the second straight quarter. Safco made 790 million riyals ($210.7 million) in the second quarter, compar More… |
Sinochem seeks govt support for Potash bidChinese chemical conglomerate Sinochem Group has formally asked the government to back a bid for Canada's Potash Corp, a local newspaper reported on Sunday. The Economic Observer cited sources close to the deal as sa More… |