Saudi, Hungarian defense ministers discuss military ties    Al-Rajhi: Cabinet's decision is supportive to most vulnerable groups    King Salman appoints Dr. Majid Al-Fayyad as Royal Court advisor    Alkhorayef emphasizes Saudi Arabia's growing role as global industrial investment hub    Saudi Arabia adopts World Drowning Prevention Day as national health priority    GACA imposes SR2.8 million in fines for 87 civil aviation violations in Q2 2025    Desperate Gaza doctors cram several babies into one incubator as fuel crisis reaches critical point    ICC issues arrest warrants for Taliban leaders over women's rights violations    Syria issues appeal to EU for help battling massive wildfires along northwestern coast    Total e-messages sent to parties in lawsuits reach over 11.8 million during first half of 2025    3 arrested in assault case in Riyadh    New Property Ownership Law will take into effect in January 2026 Al-Hogail thanks King and Crown Prince for the updated law    HONOR returns to Esports World Cup as Official Smartphone Partner for 2025 The renewed commitment will see HONOR elevate mobile esports competition with cutting-edge AI technologies and industry-leading hardware    Riot Games responds to match-fixing allegations in VALORANT    BLAST responds to BESTIA Visa controversy ahead of CS2 Austin major    Christophe Galtier named NEOM SC head coach ahead of historic Saudi Pro League debut    Michael Madsen, actor of 'Kill Bill' and 'Reservoir Dogs' fame, dead at 67    BTS are back: K-pop band confirm new album and tour    Michelin Guide launches in Saudi Arabia with phased rollout in 2025    'How fragile we are': Roskilde Festival tragedy remembered 25 years on    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



SABIC to highlight new agri-nutrient strategy
Published in The Saudi Gazette on 10 - 06 - 2016

SABIC participated as a sponsor in the 84th International Fertilizer Association (IFA) conference in Moscow from May 30 to June 1, and engaged with the global farming industry to convey the company's transformation strategy aimed at becoming a complete Agri-Nutrient organization.
During networking engagements at the conference, SABIC highlighted its renewed focus on innovative compounds to help improve yields and create nutrients that are more targeted and effective, while at the same time reducing impacts on the environment.
In comments before the conference, Khaled Al-Mana, executive vice president, agri-nutrients, who led the SABIC delegation, said, "We have recently changed the name of our Fertilizers Strategic Business Unit to Agri-Nutrients. We did not make this change for the sake of having a better name, but to emphasize that we are expanding with a strong portfolio of ‘specialty nutrients' designed specifically to meet the particular needs of farmers and food producers across the regions.
Al-Mana said that the world population is estimated to reach 9 billion by 2050, with most growth happening in developing countries. To feed the world, more and different fertilizers are required to increase crop yields and improve soil quality when at the same time less arable land will be available.
SABIC's new agri-nutrients strategy aims at bringing SABIC closer to farmers, understanding their needs and positioning itself as a reliable partner for sustainable solutions to the agri-industry.
"We have a strong nutrient base and we will continue to improve our basic nutrients position in Nitrogen and Phosphate. In addition, we will broaden our product portfolio with attractive basic nutrients," Al-Mana said.
As a first step in SABIC's strategy of developing a portfolio of ‘specialty nutrients', the company recently launched a new fertilizer grade in Saudi Arabia designed specifically for the date palm. This compound fertilizer helps to improve quality and yield of crops by up to 20 percent.
The IFA conference is restricted to association members. SABIC has been an active member of the association for many years.
SABIC is a global leader in diversified chemicals headquartered in Riyadh, Saudi Arabia. It manufactures on a global scale in the Americas, Europe, Middle East and Asia Pacific, making distinctly different kinds of products: chemicals, commodity and high performance plastics, agri-nutrients and metals. It supports its customers by identifying and developing opportunities in key end markets such as construction, medical devices, packaging, agri-nutrients, electrical and electronics, transportation and clean energy.
SABIC recorded a net profit of SR18.77 billion ($5 billion) in 2015. Sales revenues for 2015 totaled SR148.09 billion ($39.49 billion). Total assets stood at SR328.22 billion ($87.53 billion) at the end of 2015.
SABIC has more than 40,000 employees worldwide and operates in more than 50 countries. Fostering innovation and a spirit of ingenuity, we have 10,960 global patent filings, and have significant research resources with innovation hubs in five key geographies – USA, Europe, Middle East, South East Asia and North East Asia.
The Saudi Arabian government owns 70 percent of SABIC shares with the remaining 30 percent publicly traded on the Saudi stock exchange.


Clic here to read the story from its source.