SABIC signs agreement with number of fertilizer distributors
Saudi Basic Industries Corporation (SABIC) has entered into an agreement with a number of fertilizer distributors in the Kingdom. The agreement was signed on September 25.
SABIC’s Vice Chairman and Chief Executive Officer, Mohamed Al-Mady said, “The agreement will result in smooth and efficient functioning of fertilizer distribution to the end-user and this will mean a higher level of customer satisfaction”. Also attending the signing ceremony was MosaedAl-Ohali, Vice President of SABIC Fertilizers.
Al-Mady pointed out that SABIC selects distributors based on their ability to meet customer needs. “Merchandizing fertilizer products is a challenging arena and it is SABIC’s mission to better serve the national agriculture sector. The agreement is aimed at timely delivery of fertilizers at fair prices. The purity and quality of SABIC’s fertilizer production is monitored by the company’s Research and Technology Center in Riyadh”, he added.
SABIC produces a variety of fertilizer grades that include ammonia and urea as well as compound and liquid phosphate, at three industrial complexes: Saudi Arabian Fertilizer Company (SAFCO), National Chemical Fertilizer Company (IBN AL-BAYTAR) and Al-Jubail Chemical Fertilizer Co. (SAMAD). These complexes have a total annual production capacity of 5.8 million metric tons of which 520,000 metric tons goes to the Kingdom’s domestic markets. (menareport.com)
© 2004 Mena Report (www.menareport.com)
- Ibn Al-Baytar raises Saudi ammonia output
- Ma’aden and Sabic sign strategic partnership agreement
- SABIC Announces Agreements With Thai Firms
- SABIC AFFILIATE GAS SIGNS SR 1.2 BILLION ISLAMIC LOAN WITH BANQUE SAUDI FRANSI “BSF” AND APPOINTS BSF AS FINANCIAL ADVISOR AND LEAD ARRANGER FOR ITS
- Foodco signs distributor agreement with Malaysian company