Samsung E&A Wins 4.7 Trillion-Won EPC Contract for SABIC Fertilizer Plant in Saudi Arabia

Summary: Samsung E&A Co., the engineering and construction arm of Samsung Group, has won a 4.7 trillion-won (US$3.5 billion) engineering, procurement and construction (EPC) contract for a fertilizer plant in Saudi Arabia, the company said on September 11, 2026. In a regulatory filing, Samsung E&A said it signed the EPC contract for the SAN-7 project with SABIC Agri-Nutrients, the fertilizer arm of Saudi petrochemical giant SABIC; the plant in Jubail Industrial City is scheduled for completion in 2030.

The contract

The 4.7 trillion-won (US$3.5 billion) EPC contract was disclosed in a regulatory filing by Samsung E&A on Friday, September 11, 2026. The scope covers engineering, procurement and construction for the SAN-7 project, signed with SABIC Agri-Nutrients, the fertilizer arm of SABIC, the Saudi petrochemical giant. For an EPC contractor, a package of this size combines design authority, procurement margins and multi-year construction revenue in a single award.

The SAN-7 project in Jubail

The plant will be built in Jubail Industrial City in eastern Saudi Arabia and is scheduled for completion in 2030. Once completed, it will produce 3,500 tons of ammonia and 7,700 tons of urea fertilizer per day, with all of the fertilizer to be exported. An export-only offtake profile makes the facility a hard-currency asset for its owner and a reference project for the contractor in the Gulf fertilizer segment.

The carbon capture loop

The facility will also use a carbon capture system to reuse carbon dioxide from ammonia production to make urea fertilizer, reducing emissions and improving efficiency, Samsung E&A said. The design ties the plant's emissions stream back into its product: CO2 generated in ammonia synthesis becomes a feedstock for urea synthesis rather than a release, which is the efficiency claim embedded in the process configuration.

Parties and signing

The contract was signed by Samsung E&A President Namkoong Hong (Namkoong Hong) and SABIC Agri-Nutrients President Fahad Misfer Al-Battar (Fahad Misfer Al-Battar) at a signing ceremony on September 11, 2026, according to a photo released by Samsung E&A. The filing identifies the customer as SABIC Agri-Nutrients and the project as SAN-7.

Key parameters

Contract value: 4.7 trillion won (US$3.5 billion), EPC scope.
Project: SAN-7 fertilizer plant for SABIC Agri-Nutrients.
Location: Jubail Industrial City, eastern Saudi Arabia.
Completion: scheduled for 2030.
Output: 3,500 tons of ammonia and 7,700 tons of urea fertilizer per day, all for export.
Process feature: carbon capture reusing CO2 from ammonia production to make urea.

What the contract means

For Samsung E&A, the SAN-7 award converts Gulf fertilizer demand into a booked EPC backlog running to 2030, with the carbon-capture configuration positioning the company in the lower-emissions segment of ammonia-urea engineering. For SABIC Agri-Nutrients, the plant adds export-oriented urea and ammonia capacity in Jubail, the kingdom's principal industrial cluster, with the captured CO2 loop reducing the emissions intensity of the new tonnage.

Contact

Samsung E&A Co., Ltd., Seoul, South Korea. Media and investor relations enquiries are handled through the corporate website https://www.samsungena.com.