IHS Chemical Week

Chemical Week Magazine :: New Construction Projects

Saipem Awarded Contract for Safco Urea Manufacturing Unit

7:53 AM MST | December 16, 2011

Saudi Arabian Fertilizer Co. (Safco), a manufacturing affiliate of Sabic, has awarded a turnkey contract for the engineering design, supply, and construction of the previously announced Safco 5 fertilizer plant to Saipem (Milan). The new plant will be one of the world’s largest urea production facilities with an investment cost of SR2 billion ($533 million). It will be designed to produce 1.1 million m.t./year of urea and is expected onstream in the third quarter of 2014. Safco will utilize its own resources to finance the project, Mohamed Al Mady, Sabic CEO...

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