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Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers Safco to Build Big Urea Complex5:32 AM MST | January 18, 2011 | Natasha Alperowicz Saudi Arabian Fertilizer Co. (Safco) a joint venture in which Saudi Basic Industries (Sabic) owns 43% and the private sector the balance, has notified Tadawul, the Saudi Stock Exchange that it will build a large urea complex at the company's Jubail, Saudi Arabia site. The project, now in the approvals process, is instead of a previously announced steel plant, which would have been built by a joint venture between Safco and the steel maker Hadeed. The steel project has been cancelled because of market considerations. Senior sources at Safco tell CW that the urea... This information is only available to Chemical Week subscribers. Forgot your user ID or password?
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