NO. 31


Saudi Arabia

SAFCO Logs Higher Profits and Output

The Saudi Arabian Fertilizer Company (SAFCO) in 1990 realized a profit ofSR171mn ($45.6mn), slightly up on the 1989 figure of SR161mn ($42.9mn),according to the company's 1990 Annual Report. It produced in 1990 215,000 tonsof ammonia, 535,000 tons of urea, 97,000 tons of sulfuric acid and 21,000 tonsof melamine, compared to a 1989 output of 205,000 tons, 331,000 tons, 88,326tons and 19,000 tons respectively. SAFCO's...