Finnish group to deliver sulphuric acid plants to Saudi Arabia

Helsinki - Finnish-based group Outotec said Monday it had signed a deal to deliver three sulphuric acid plants to the Saudi Arabian Mining Company. The project, described as the world's largest sulphuric acid production facility, was estimated to cost 370 million euros (498 million dollars) of which Outotec's share was some 270 million euros. The project was to be located at Ras Az Zawr. Daily production from the three plants was estimated at 13,500 tons when the plants become operational in 2010, the group said. The production would be used by the Saudi Arabian Mining Company to manufacture phosphate-based fertilizer. Outotec chief executive Tapani Jarvinen said the deal showed the 'Middle East's growing importance in large chemical and metallurgical plant investments due to the availability of competitive energy and robust financial structures.' © 2007 dpa - Deutsche Presse-Agentur

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Finnish group to deliver sulphuric acid plants to Saudi Arabia

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