MOSAIC PARTNERS WITH SAUDI COMPANY

The Brazilian branch of Mosaic Company expects to import 100,000 tons of phosphate from Saudi Arabia this year. The US-based company Mosaic has agreements with two Saudi companies, the Saudi Arabian Mining Company (Ma’aden) and the Saudi Basic Industries Corporation (Sabic). The agreement with Ma’aden and Sabic was signed in 2013 on an integrated phosphate production project known as the Ma’aden Wa’ad Al Shamal Phosphate Company (MWSPC), located in Umm Wu’al, North Saudi Arabia. There, MWSPC has power plants and a mine that produces phosphate, phosphoric acid, sulfuric acid. The MWSPC project also has a plant in Ras Al Khair, in the Arabian Gulf, where its ammonia, diammonium phosphate (DAP), monoammonium phosphate (MAP) and nitrogen, phosphorus and potassium (NPK) plants are located. Mosaic’s activities on Saudi soil ranges from project design to operation. The plant in the north of the country is estimated to produce about 3 million tons of phosphate per year. The Brazilian subsidiary also buys lesser amounts of sulfur and MAP from the United Arab Emirates.

Source: Agencia de Notícias Brasil-Arabe (*Translated by Ia Niani)