20/10/2014 07:25 AST

Gulf Petrochemical Industries Company (GPIC) announced it has exported a total of 10 million tonnes of granular urea since its inception.

The milestone was achieved last week after 16 years of operations by the urea plant, where production started in 1998.

During a ceremony held at the GPIC complex in Sitra to mark the occasion, GPIC president Dr Abdulrahman Jawahery presented Kuwait's Petrochemical Industries Company (PIC) fertiliser marketing manager Sulaiman Al AbdulSalam with an appreciation trophy in recognition of its contribution in marketing and exporting GPIC's granular urea.

PIC is one of the main shareholders of GPIC and the sole marketer for GPIC's ammonia and granular urea products.

Dr Jawahery also honoured GPIC marketing manager Ahmed Mahmood, products handling and export superintendent Yousif Kamal and urea plant superintendent Abdulmunem Al Najjar.

"Despite the difficulties and challenges faced, be it in terms of global market fluctuations or local high temperatures and humidity, GPIC has managed to achieve great records and immense achievements as a result of its employees' focussed teamwork," Dr Jawahery said.

GPIC has exported a total of 4.7m tonnes of granular urea to North America, making it the highest export market at 49 per cent, followed by Oceania at 21pc and Far East at 14pc of its total urea exports. Total exports until the start of this month reached 550,000 metric tonnes.

Planned urea exports for the year are expected to reach 678,000 metric tonnes, which represents a 3.8pc increase on the total exports last year.


Gulf Daily News

Ticker Price Volume
SABIC 114.77 5,915,941
Saudi Public Investment Fund signs agreement with Six Flags to create amusement park in Riyadh

05/04/2018

Saudi Arabia's Public Investment Fund (PIF) has signed an agreement with Six Flags to develop and design an amusement park in Riyadh. Six Flags, the world’s leading international amusement park compa

Arab News

Green energy drive will boost KSA employment: Saudi Arabia’s renewable energy chief

05/04/2018

In an exclusive interview with Arab News, Turki Mohammed Al-Shehri explains how an expanding renewables industry will boost employment as well as pave the way for a greener future.

A massiv

Arab News

Dubai house prices, rents drop in first quarter of 2018

05/04/2018

Dubai’s residential property market continued to soften in the first three months of this year, in line with analysts’ forecasts, with rental values recording a more pronounced fall than sales prices

The National

Saudi Arabia lifts GCC index buoyed by strong oil prices

05/04/2018

Buoyed by a strong oil price of $70 per barrel, Saudi Arabia’s Tadawul shot up by over 6 per cent in March 2018, according to Kuwait Financial Centre’s (Markaz’s) recently released Monthly Markets Re

Times of Oman

Banks’ real estate credit at QR147.7bn

05/04/2018

Qatar banks’ combined credit facilities to real estate sector rose by QR17bn to QR147.7bn in 2017. The banks’ credit to various sectors stood at QR911bn at the end of 2017, up from QR839bn recorded i

The Peninsula