SABIC Agri-Nutrients bets on Asia, US to absorb urea production surge
- SABIC Agri-Nutrients is expanding its urea production capacity by 54%, increasing from 4.8 million tonnes to approximately 7.4 million tonnes annually.
- The expansion project, costing about $3.465 billion, includes the construction of an ammonia plant and two urea plants, alongside a carbon capture unit.
- The company aims to target markets in Asia, the US, and Canada to absorb the increased urea production stemming from this expansion.
