VOL. XXXIV
NO. 4
29-OCTOBER-1990
Saudi Arabia
SAFCO and Chiyoda Finalize Fertilizer Contract
The Saudi Arabian Fertilizer Company (SAFCO) and a joint venture consistingof Chiyoda Corporation of Japan and its local affiliate Chiyoda Petrostar on 16October signed a SR1,150mn ($307mn) turnkey contract for the construction atJubail of a new fertilizer plant with an annual capacity of 1.1mn tons - 500,000tons of ammonia and 600,000 tons of urea. A letter of intent for the new plant,which will expand...
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