Samsung E&A wins 4.7 trillion-won Saudi fertilizer contract

  • Samsung E&A signed the SAN-7 fertilizer plant contract with SABIC Agri-Nutrients.
  • 4.7 trillion won ($3.5 billion) is the contract value, with completion targeted for 2030.
  • Samsung E&A has executed more than 30 Saudi projects since entering the market in 2003.

Samsung E&A has independently secured a 4.7 trillion won ($3.5 billion) engineering, procurement and construction contract from SABIC Agri-Nutrients for the SAN-7 fertilizer project in Saudi Arabia, with completion targeted for 2030. The facility at Jubail Industrial City will use natural gas to produce 3,500 tons of ammonia and up to 7,700 tons of urea fertilizer daily, all for export. Post-combustion carbon capture will recycle carbon dioxide from ammonia production into urea synthesis, reducing emissions and improving production economics. The award deepens Samsung E&A's relationship with SABIC and builds on more than 30 projects in Saudi Arabia since 2003, including the $6 billion Fadhili project won in 2024. The company also secured a $2.4 billion chemical project in February and a $790 million Middle East water treatment project in June, while bidding on further fertilizer and gas projects in Saudi Arabia and Qatar.

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