THE SAUDI ARABIAN MINING COMPANY "MA'DEN" SIGNED HERE TODAY A CONTRACT FOR BUILDING A FACTORY FOR THE PRODUCTION OF AMMONIA WITH A CAPACITY OF 3, 300 TONS PER DAY WITHIN THE FRAMEWORK OF THE PHOSPHATE PROJECT, WHICH IS CONSIDERED AS THE BIGGEST OF ITS KIND IN THE WORLD. THE SR 3.6 BILLION CONTRACT WAS SIGNED WITH THE KOREAN "SAMSUNG" ENGINEERING COMPANY. THE FACTORY IS EXPECTED TO BE CONSTRUCTED IN RAS-AL-ZOUR CITY IN THE EASTERN REGION BY DECEMBER 2010. PRESIDENT OF MA'DEN COMPANY DR ABDULLAH AL-DABBAGH, WHO SIGNED THE CONTRACT ON BEHALF OF MA'DEN, SAID THE NEW FACTORY WILL PROVIDE THE PHOSPHATE FACTORY WITH LIQUEFIED AMMONIA FOR THE PRODUCTION OF THE PHOSPHATES FERTILIZER WHICH WILL BE EXPORTED VIA RAS-AL-ZOUR PORT. ON HIS PART, PRESIDENT OF SAMSUNG YONG JO JIN, WHO SIGNED THE CONTRACT ON BEHALF OF HIS COMPANY, SAID THE FACTORY WILL BE A UNIQUE OF ITS KIND IN TERMS OF ITS PRODUCTIVE CAPACITY.
