Samsung E&A Wins $3.5 Bil. Saudi Fertilizer Project
10 Articles
10 Articles
South Korean Samsung A and A announced today that it won a contract worth 4.7 trillion Korean Won, equivalent to approximately $3.5 billion, for the establishment of a fertilizer plant in Saudi Arabia.
Samsung E&A announced on the 11th that it has signed an EPC (Engineering, Procurement, and Construction) contract for the ‘SAN-7 Project’ commissioned by Saudi Arabia’s SABIC Agri-Nutrients. According to the Financial Supervisory Service’s electronic disclosure system, the scale of this project is approximately $3.5 billion (about 4.7 trillion won). Samsung E&A will undertake the construction exclusively, aiming for completion in 2030. This
(Seoul = Yonhap News) Reporter Lim Ki-chang = Samsung E&A has won a large-scale fertilizer plant project worth 4 trillion won in Saudi Arabia, its home turf.
SABIC AN’s ammonia-urea complex to go live in 2030; $3.5bn contract awarded to Samsung E&A
RIYADH: SABIC Agri-Nutrients Co. has awarded a $3.46 billion engineering, procurement and construction contract to Samsung E&A Co., Ltd. to build a new industrial complex for ammonia and urea production in Saudi Arabia. In a statement, the company said the plants are expected to be commissioned in the third quarter of 2030, with commercial production scheduled to begin in the fourth quarter. The new complex will include an ammonia plant with an …
Samsung E&A Wins USD 3.5bn Saudi Arabia Fertilizer Project
SAMSUNG E&A, a total solutions provider for the global energy industry, has solidified its position as a powerhouse in the traditional hydrocarbon processing sector by announcing via a public disclosure recently that it signed an Engineering, Procurement and Construction (EPC) contract with Saudi Arabia’s SABIC Agri-Nutrients Company for the “SAN-7 Project.” The contract is worth […]
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