Saudi fertilizer industry set for diversification era

Updated 24 July 2014
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Saudi fertilizer industry set for diversification era

The Saudi fertilizer industry leads regional production and is set to usher in a period of strong growth and diversification, according to Abdulwahab Al-Sadoun, secretary general of the Gulf Petrochemicals & Chemicals Association (GPCA).
“Fertilizer production from the Kingdom accounts for 40 percent of total capacity in the GCC region,” said Al-Sadoun. “Saudi Arabia has built up this industry from the ground over the last four decades, transforming it into a multi-billion dollar sector that not only earns valuable revenues, but also employs thousands of people.”
With a capacity of 17.1 million tons, Saudi Arabia dominates the GCC fertilizer industry, according to the GPCA’s 2013 GCC Fertilizer Industry Indicators. In 2013, fertilizer capacity in the Gulf reached 42.7 million tons, a 4 percent increase from the previous year. The global fertilizer industry, meanwhile, grew by just 1.7 percent in the same period.
According to the report, nitrogen based fertilizers like ammonia and urea dominate production capacity. However, infrastructural developments in the Kingdom are geared toward product diversification.
Projects like the $7 billion Maaden’s Waad Al-Shamal city, expected to begin production at the end of 2016, will tap into Saudi Arabia’s large phosphate rock reserves to produce up to 2.3 million tons of diammonium phosphate (DAP) fertilizers.
As the region’s fertilizer industry is export oriented, with nearly half of all products destined for overseas markets, diversification will prove advantageous.
“The emergence of locally produced DAP fertilizers represents an opportunity to enter new markets in Asia for Saudi fertilizer producers, which have a high demand for this nutrient,” Al-Sadoun added.
The 2013 GCC Fertilizer Industry Indicators, a statistical report prepared by GPCA will be released at the GPCA’s Fertilizer Convention in Dubai from Sept. 16-18.
Now in its fifth edition, the annual conference will provide delegates with an in-depth supply and demand analysis from major markets around the globe, thought leadership from industry experts, and project case studies from the Gulf region and beyond.


Tesla recalls more than 14,000 cars in China over Takata airbags

Updated 18 January 2019
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Tesla recalls more than 14,000 cars in China over Takata airbags

  • The US giant has already announced the recall of some Model S vehicles as part of a global industry-wide rooting out of parts made by Takata
  • The affected vehicles in China are Model S cars made between February 2014 and December 2016

SHANGHAI: Electric-vehicle maker Tesla will recall 14,123 cars in China over airbags that contained a part made by now-defunct Japanese manufacturer Takata, the Chinese market regulator announced on Friday.
The US giant has already announced the recall of some Model S vehicles as part of a global industry-wide rooting out of parts made by Takata, which went bust in 2017 after its airbags were blamed for a number of deaths.
The affected vehicles in China are Model S cars made between February 2014 and December 2016, the State Administration of Market Regulation said.
It said the cars’ passenger-side airbags were equipped with an ammonium nitrate propellant made by Takata, which was at risk of breakage that could result in the ejection of debris.
Tesla will replace them, it said.
Tesla declined comment on Friday, but an announcement on its website said the “recall of the front passenger airbags in 2012 Model S vehicles began in January 2017, was extended to 2013 Model S vehicles in January 2018, and is now being extended to 2014-2016 Model S vehicles in January 2019.”
Tesla does not announce how many cars it sells in China overall.
Tesla CEO Elon Musk was on hand earlier this month for the ground-breaking of a factory outside Shanghai, which the company says will eventually have an annual production capacity of 500,000 and is geared toward meeting growing Chinese demand for electric vehicles.