Samsung E&A Wins $3.5 Billion Saudi Fertilizer Project

Samsung E&A has won a $3.5 billion fertilizer plant project in Saudi Arabia, solidifying its position as a leading player in the Middle East's chemical engineering and construction sector. The EPC contract was awarded to Samsung E&A by SABIC Agri-Nutrients for the SAN-7 project, with completion scheduled for 2030. The signing ceremony took place on September 9 at SABIC's headquarters in Jubail, Saudi Arabia, with Samsung E&A President Namkoong Hong and senior SABIC executives in attendance.

The project involves constructing a fertilizer production facility in the Jubail Industrial City, utilizing natural gas to generate 3,500 metric tons of ammonia daily, which is then converted to 7,700 metric tons of urea fertilizer daily. All the urea will be exported. The facility will also feature a post-combustion carbon capture system, capturing and reusing carbon dioxide generated during ammonia production to reduce emissions and improve efficiency.

This latest contract strengthens Samsung E&A's growing presence in Saudi Arabia, where it has completed over 30 projects since entering the market in 2003. The company recently secured a $6 billion contract for the Fadhili project in 2024 and has a strong track record in the Jubail Industrial City. Samsung E&A's involvement in the project also reinforces its long-standing relationship with SABIC, having completed numerous petrochemical projects for the company since 2003.

The fertilizer market is expected to continue attracting investment as global food demand grows and nations prioritize food security and supply-chain resilience. Samsung E&A plans to differentiate its project execution through technologies like modularization and automation, further boosting its overseas order intake. The company has also won a $2.4 billion overseas chemical project this year and is bidding for several fertilizer and gas projects in Saudi Arabia and Qatar, signaling further expansion in the Middle East.