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26-11-2008

SAFCO Board recommends distribution of SR 7 per share for second half of 2008

At a meeting held on November 25, 2008, the Board of the SABIC affiliate SAFCO recommended distribution of dividends equivalent to SR 7 per share for the second half of 2008.Dividends for the first half of 2008 amounted to SR 6 per share. T ... Read more

14-7-2008

SAFCO announces the signing of an agreement with HADEED (SABIC affiliates) to set up a flat steel products facility

SAFCO and HADEED have signed an agreement to construct a 50:50 owned facility in Jubail Industrial City for the production of flat steel products with an annual capacity of 1.7 million metric tons. In addition to this project,. The facility ... Read more

12-7-2008

SAFCO REPORTS SAR 1.9 BILLION PROFIT FOR FIRST HALF OF 2008

SAFCO Chairman and Managing Director, Mohamed Al-Mady said the Saudi Arabian Fertilizers Co. (SAFCO) reported net profits of SAR 1.914 billion during the first six months of 2008, compared to SAR 850.1 million in the same period in 2007, an ... Read more

1-1-2008

SAFCO BOARD RECOMMENDS INCREASE IN CAPITAL TO SAR 2.5 BILLION AND DISTRIBUTION OF DIVIDENDS AT SAR 2 PER SHARE FOR THE 2ND HALF OF 2007

Riyadh, December 30, 2007: The Saudi Arabian Fertilizer Company (SAFCO) board of directors, at its meeting on December 29, decided to recommend to the Extraordinary General Assembly an increase in the company’s capital from SAR 2 billion to ... Read more