Saudi Basic Industries Corporation (SABIC) has entered into an agreement with a number of fertilizer distributors in the Kingdom to benefit both distributors and consumers. The agreement was signed on September 25 at SABIC Headquarters, according to a press release of SABIC issued here today. 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". The signing ceremony was also attended by Mosaed Al-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 5.2 million metric tons goes to the Kingdom's domestic markets.
