Key facts
- Sabic AN and Maaden signed a three-year non-binding agreement.
- The agreement explores collaboration in the fertilizer value chain.
- Collaboration may include production and manufacturing of value-added products.
- MQ Emirates secured a 25-year coal mining license.
- The coal project is in eastern Kazakhstan.
- The project is near the Chinese border.
- Operations are set to begin in 2028.
- Initial output is projected at 10,000 tons per year.
Saudi Arabian fertilizer companies Sabic AN and Maaden have entered into a three-year non-binding agreement to investigate collaborative ventures within the fertilizer sector. This exploration encompasses potential joint efforts in production and the manufacturing of enhanced, value-added fertilizer products. The agreement is designed to identify synergies and opportunities for mutual benefit across their respective operations in the fertilizer value chain.