Samsung E&A wins $3.5 bil. Saudi fertilizer project
Samsung E&A has secured a 4.7 trillion won ($3.5 billion) fertilizer project in Saudi Arabia, marking another major milestone in its growing Middle Eastern expansion and reinforcing its long-standing partnership with SABIC. Under the newly signed engineering, procurement and construction (EPC) contract with SABIC Agri-Nutrients, the company will independently execute the project — dubbed SAN-7 —…
Samsung Engineering & Construction (E&A) has secured a monumental $3.5 billion fertilizer project in Saudi Arabia, reinforcing its growing presence in the Middle East and solidifying its long-standing partnership with SABIC. The newly signed engineering, procurement, and construction (EPC) contract, dubbed SAN-7, is set to be independently executed by Samsung E&A, with completion anticipated by 2030.
The signing ceremony took place on Tuesday at SABIC's headquarters in Jubail, attended by key executives such as Namkoong Hong, president of Samsung E&A, and Fahad Misfer Al-Battar, president of SABIC Agri-Nutrients.
The SAN-7 plant will be constructed in Jubail Industrial City and will utilize natural gas to produce a staggering 3,500 metric tons of ammonia daily and 7,700 metric tons of urea fertilizer. All production will be destined for export, marking a significant boost to Saudi Arabia's agricultural sector. An innovative feature of the plant is the incorporation of postcombustion carbon capture technology.
This technology will capture carbon dioxide generated during ammonia production and repurpose it in urea synthesis, effectively reducing emissions while enhancing the plant's economic efficiency.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Samsung E&A Wins $3.5 Billion Saudi Fertilizer Project koreaittimes.com
- Samsung E&A wins $3.5 bil. Saudi fertilizer project koreatimes.co.kr
- Samsung E&A wins 4.7 tln-won fertilizer EPC contract in Saudi Arabia en.yna.co.kr