NO. 32


Saudi Arabia

SAFCO Returns Steady Profit in 1991

The Saudi Arabian Fertilizer Company (SAFCO) in 1991 realized a profit ofSR167mn ($44.5mn), slightly down on the 1990 figure of SR171mn ($45.6mn),according to the company's 1991 Annual Report. The company in 1991 produced205,444 tons of ammonia, 324,274 tons of urea, 96,938 tons of sulfuric acid, and18,223 tons of melamine, compared to a 1990 output of 215,000 tons, 353,000tons, 88,326 tons and 21,000 tons respectively....