Saudi Arabian Fertilizer (safco)

Founded Saudi Arabian Fertilizer Company (SAFCO) with a capital of 100 million riyals by the Royal Decree No. M / 13 of 11 May 1385 and recorded the beginning of its establishment in the city of Dammam, the trade register number 2,050,001,841 and the date of 1 November 1385, corresponding to March 24, 1966 AD and was later transferred Center President of the company to the industrial city of Jubail commercial Registration No. 2055002359 dated 29 September 1411, corresponding to May 14, 1991 AD and the principal activity of the company president in the manufacture and marketing of chemical fertilizers (urea and ammonia). A Saudi joint stock company was a doubling of the capital of the company several times until he settled on a 333.3 million riyals distributed over 333 million shares at par value of 10 riyals per share, the company owns Saudi Basic Industries Corporation (SABIC) ratio of 42.9% of the company's capital and the rest is owned by the private sector and the public.

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