Saudi Arabian Mining Co. (Maaden) constructing
Saudi Arabian Mining Co. (Maaden) launched commercial operations at the third ammonia plant in Ras Al-Khair, with a produce capability of almost 1.1 million plenty each and each year (tpa), per a bourse filing.
The plant achieved steadiness in trial operations, the statement said, including that the linked financial affect is forecast to appear on Q2 2022 outcomes.
Right here’s first project of the firm’s entirely-owned subsidiary, Ma’aden Fertilizer Co.
Maaden announced in February the completion of the construction and pre-commissioning activities for the third ammonia plant in Ras Al-Khair, per data readily available in the market with Argaam.
In October 2018, the firm awarded Daelim Industrial Co Ltd and Daelim Saudi Arabia Firm Ltd (Daelim Saudi Arabia) a SAR 3.35 billion worth of contract to raze a 1.1 million tpa ammonia plant in Ras al-Khair.