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SAFCO

SAFCO (Saudi Arabian Fertilizer Company) is the first petrochemical company in Saudi Arabia. It was established in 1965. SAFCO is one of the largest producers of chemicals in the world with an annual production capacity of over 4.9 million tons of fertilizers. Saudi Arabian Basic Industries Corporation (SABIC) owns 42.99% with 57.01% being held by the private sector and the public.