Maaden subsidiary, Saudi Railways sign transport services deal

11/06/2018 Argaam

Maaden Waad Al Shamal Phosphate Co., a subsidiary of Saudi Arabian Mining Co. (Maaden), has signed an agreement with Saudi Railways Company (SAR) to transfer molten sulfur from Saudi Aramco’s factories in the Eastern Province to Waad Al Shamal Phosphate, and phosphoric acid from Waad A Shamal to Ras al-Khair Industrial city, Saudi Press Agency (SPA) reported.


Under the agreement, SAR will provide dedicated trains to transfer molten sulfur to Waad Al Shamal city, in the north of Saudi Arabia.

Phosphoric acid from Waad Al Shamal to Ras al-Khair Industrial city will be transferred through a fleet of trailers, the statement said.

The trailers have thermal insulation systems and safety equipment, including safety valves as a measure against fire during transportation.


News

Prices

Aramco IPONew

Sectors

Companies

Financial Data

Financial Ratios

Analysts

IPOs

Economy

Mutual Funds

Projects

Interactive Charts