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Chemical Week Magazine :: New Construction Projects

Ma’aden, Mosaic, Sabic agree on $7-billion phosphate complex

6:11 AM MDT | March 29, 2013 | —Natasha Alperowicz

Mosaic has entered into a heads of agreement with Saudi Arabian Mining Co. (Ma’aden) and Sabic, under which the companies intend to establish a joint venture to develop integrated phosphate production facilities in Saudi Arabia. Ma’aden is expected to hold 60%, Mosaic 25%, and Sabic 15% in the jv....

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