SAUDI ARABIA

Toyo Wins Contract for Jubail Ammonia Plant 

The Saudi Basic Industries Corporation (SABIC) has awarded Toyo Engineering Corporation of Japan and its local subsidiary Saudi-Toyo Engineering Company a contract to build at Jubail a $94mn ammonia plant with a capacity of 500,000 tons/year scheduled to start up in 1988. The plant is owned 50-50 by SABIC and its affiliate the Saudi Arabian Fertilizer Company (SAFCO), and will be operated by a joint venture between them - the...