Middle East to Invest $24.5 Billion in Ammonia

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Researched by Industrial Info Resources (Sugar Land, Texas)--Ammonia production in the Middle East is projected to grow significantly due to the relatively low cost of natural gas in the region. The Middle East exports fertilizers to more than 80 countries, including India, Brazil and the U.S.

Saudi Aramco (Dhahran, Saudi Arabia) owns and operates a large number of ammonia plants in Saudi Arabia through SABIC, its biggest subsidiary, and various partners such as Ma'aden (Riyadh). OQ (Muscat, Oman) also commands a high number of investments in ammonia, while the El Nasr Company for Fertilizers and Chemical Industries (Cairo, Egypt) and Abu Qir Fertilizer & Chemical Industries Company (Alexandria, Egypt) boast heavy investments in Egypt.

Many companies in the Middle East also plan to invest heavily in green ammonia production over the next few years, through the production of green hydrogen as feedstock.

Industrial Info is tracking 38 ammonia capital projects in the Middle East, totaling about $24.5 billion in value. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a list.

Click on the image at right for a graph detailing ammonia investments across the Middle East, by country.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: LinkedIn.