VOL. XXXIII
NO. 48
3-SEPTEMBER-1990
Saudi Arabia
Chiyoda Awarded Letter of Intent for SAFCO's Fertilizer Plant
The Saudi Arabian Fertilizer Company (SAFCO) has awarded Chiyoda Corporationof Japan and its local affiliate Saudi Petrostar a letter of intent for acontract worth some $312mn to build a new fertilizer plant at Jubail with acapacity of 1.2mn tons/year of ammonia and urea. The contract on a lump sumturnkey basis is yet to be finalized. The letter of intent was awarded at theend of July...
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