SABIC secures feedstock for new plants

SABIC Agri-Nutrients Company says that it has received approval from the Saudi Ministry of Energy to allocate feedstock required for the construction of its seventh plant in Jubail Industrial City. The new facility will produce approximately 1.2 million t/a of ammonia and 2.6 million t/a of urea, increasing the company’s urea production capacity from 4.8 million t/a to 7.4 million t/a; a 54% increase. This is expected to strengthen its position as one of the world’s largest producers and exporters of nitrogen-based nutrients, in line with its 2040 growth strategy.

In a separate statement, the company also said it received a letter from the Ministry of Energy regarding updated feedstock allocation for its sixth plant in Jubail. The project scope has been revised to focus on producing 1.2 million t/a of blue (low-carbon) ammonia. The company added that it will announce any material developments in due course, including the final investment decision and the awarding of engineering, procurement and construction (EPC) contracts.