Daelim signed a $892mn contract in October 2018 for the new ammonia plant construction project of Saudi Arabia’s Ma’aden. CEO Darren Davis of Saudi Arabia’s state mining company Ma’aden and Daelim General Manager Im Hun-jae attended the signing ceremony. This project involves building an ammonia production plant in the Ras Al-Khair region located 80km north of Jubail, eastern part of Saudi Arabia. The plant will produce 3,300 tonnes of ammonia daily using natural gas as raw material. Since ammonia is used in many fields including refrigerant, medical supplies, artificial seasoning and metal surface processing, it is hailed as a high value-added petrochemical product. The project will be completed in 2021. The EPC (lump-sum turnkey) mode, through which Daelim is in charge of design, equipment and materials, and construction, is used for the project.
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