BackSamsung E&A Wins $3.5 Billion Fertilizer Plant Contract in Saudi Arabia

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Yonhap News16 minutes agoBusiness1 min readSouth Korea

Samsung E&A Wins $3.5 Billion Fertilizer Plant Contract in Saudi Arabia

Quick Look

Samsung E&A Co. announced it has secured a 4.7 trillion-won (US$3.5 billion) EPC contract for a fertilizer plant in Saudi Arabia's Jubail Industrial City.
The SAN-7 project, awarded by SABIC Agri-Nutrients, will produce 3,500 tons of ammonia and 7,700 tons of urea daily for export, featuring a carbon capture system to reuse CO2 from ammonia production.
Completion is scheduled for 2030.

AI-generated summary

Why It Matters

Samsung E&A is the engineering and construction arm of Samsung Group. SABIC Agri-Nutrients is the fertilizer division of Saudi Basic Industries Corporation (SABIC), a major Saudi petrochemical company. The contract was disclosed in a regulatory filing.

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By Kim Eun-jung

SEOUL, Sept. 11 (Yonhap) -- Samsung E&A Co. said Friday it has won a 4.7 trillion-won (US$3.5 billion) engineering, procurement and construction (EPC) contract for a fertilizer plant in Saudi Arabia.

In a regulatory filing, the engineering and construction arm of Samsung Group said it signed the EPC contract for the SAN-7 project with SABIC Agri-Nutrients, the fertilizer arm of Saudi petrochemical giant SABIC.

The plant will be built in Jubail Industrial City in eastern Saudi Arabia and is scheduled for completion in 2030.

Once completed, the plant will produce 3,500 tons of ammonia and 7,700 tons of urea fertilizer per day, with all of the fertilizer to be exported.

The facility will also use a carbon capture system to reuse carbon dioxide from ammonia production to make urea fertilizer, reducing emissions and improving efficiency, Samsung E&A said.

What to Watch

AI outlook — possibilities, not facts

Samsung E&A will begin site preparation and engineering work for the SAN-7 project in 2025.
Likely · Within months
The carbon capture system will reduce the plant's carbon intensity compared to conventional urea production methods.
Very likely · Within years

Open Questions

What is the exact timeline for construction phases?
What specific carbon capture technology will be employed?
Are there any local content or employment requirements for Saudi workers?

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Samsung E&A Wins $3.5 Billion Fertilizer Plant Contract in Saudi Arabia

Quick Look

Samsung E&A Co. announced it has secured a 4.7 trillion-won (US$3.5 billion) EPC contract for a fertilizer plant in Saudi Arabia's Jubail Industrial City.
The SAN-7 project, awarded by SABIC Agri-Nutrients, will produce 3,500 tons of ammonia and 7,700 tons of urea daily for export, featuring a carbon capture system to reuse CO2 from ammonia production.
Completion is scheduled for 2030.

AI-generated summary

Why It Matters

Font size

By Kim Eun-jung

SEOUL, Sept. 11 (Yonhap) -- Samsung E&A Co. said Friday it has won a 4.7 trillion-won (US$3.5 billion) engineering, procurement and construction (EPC) contract for a fertilizer plant in Saudi Arabia.

The plant will be built in Jubail Industrial City in eastern Saudi Arabia and is scheduled for completion in 2030.

Once completed, the plant will produce 3,500 tons of ammonia and 7,700 tons of urea fertilizer per day, with all of the fertilizer to be exported.

The facility will also use a carbon capture system to reuse carbon dioxide from ammonia production to make urea fertilizer, reducing emissions and improving efficiency, Samsung E&A said.

What to Watch

AI outlook — possibilities, not facts

Samsung E&A will begin site preparation and engineering work for the SAN-7 project in 2025.
Likely · Within months
The carbon capture system will reduce the plant's carbon intensity compared to conventional urea production methods.
Very likely · Within years

Open Questions

What is the exact timeline for construction phases?
What specific carbon capture technology will be employed?
Are there any local content or employment requirements for Saudi workers?

Samsung E&A Wins $3.5 Billion Fertilizer Plant Contract in Saudi Arabia

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Why It Matters

What to Watch

Open Questions

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Samsung E&A Wins $3.5 Billion Fertilizer Plant Contract in Saudi Arabia

Quick Look

Why It Matters

What to Watch

Open Questions

Related Topics

Related Stories

As of July this year, the national budget deficit was at its lowest in five years.

U.S. Department of Defense considers $5 billion loan to AI infrastructure startup Fluidstack

South Korea's exports surge 83% in first 10 days of September, driven by semiconductor boom

The spread of AI agents is expected to reorganize the competitive landscape of financial companies

Goyang City announces support for electric vehicle purchase costs... Targets 320 passenger cars and 60 trucks

South Korea's exports jump 83% in first 10 days of September