Saudi Arabian Fertilizer Company (Safco) reported a 3 per cent drop in fourth-quarter net profit on Monday, missing analyst forecasts due to lower ammonia sales and reduced profits from a sister company.
The company, a unit of Sau
Saudi Arabian Fertilizers Company (Safco) reported a fourth quarter net profit of 1.27 billion riyals ($453 million) on Wednesday, a 25 percent rise over the same period of the previous year that it attributed to a rise in fertiliser prices and sa
Saudi Arabian Fertilizers Co (Safco) on Sunday said its quarterly net profit fell 13 percent, missing analysts expectations for the second straight quarter.
Safco made 790 million riyals ($210.7 million) in the second quarter, compar
Chinese chemical conglomerate Sinochem Group has formally asked the government to back a bid for Canada's Potash Corp, a local newspaper reported on Sunday.
The Economic Observer cited sources close to the deal as sa
Saudi Fertilizers Co (Safco) said on Wednesday managing director Abdul-Aziz Al-Majed would step down and be replaced by Fahad Al-Otaibi.
The announcement comes after the urea and ammonia producer posted on Saturday a 60 percent drop in sec
Saudi Fertilizers Co (Safco) said its net profit fell sharply in the second quarter on lower global prices but its stock closed up after the firm gave a dividend that was higher than its earnings per share.
Safco made a net profit of 480 m
The International Fertiliser Association (IFA) will hold its first Safety, Health and Environment Conference for the fertiliser industry from March 14 to 18 in Bahrain.
The event will be held under the patronage of Oil and Gas Affairs Mini
Fertilizer, which powered the Green Revolution and helped save millions from starvation, is being priced out of reach for many of the world's growers.
With food prices soaring and stocks thinning, the world is in need of bumper harvests bu
A GPIC delegation led by general manager Abdul Rahman Jawahery returned home from Sao Paolo, Brazil after the meeting of the International Fertiliser Association's technical committee and the IFA technical conference.
The four-day mee
Agriculture researchers at a government-run laboratory have proven the effects of a new eco-friendly crop enhancer in boosting the output of cultivated vegetables and improving land productivity, according to government sources in Taiwan.