KBR selects ammonia technology for Saudi Arabian Fertilizer stock

Published on 10/15/2026 at 11:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BofA cut its target from SAR 170.00 to SAR 158.00 on September 16, 2026. For Saudi Arabian Fertilizer stock, results are due October 22, 2026.

Expansion timeline and valuation

KBR selected ammonia technology for the project on September 29, 2026, with 54 percent higher urea capacity planned.
The planned complex includes 1.20 million tonnes of annual ammonia capacity and raises urea capacity from 4.80 million to 7.40 million tonnes.
Bank of America cut its target from SAR 170.00 to SAR 158.00 on September 16, 2026.

Saudi Arabian Fertilizer, SA0007879139, Illustration mit AI erstellt.

Saudi Arabian Fertilizer stock (ISIN SA0007879139), the Tadawul-listed SABIC Agri-Nutrients business, is tied to a planned 54.00 percent increase in urea capacity. On September 29, 2026, KBR said SABIC Agri-Nutrients had selected its ammonia technology for a new Jubail plant.

Project scale sets the agenda

The complex is designed to produce 1.20 million tonnes of ammonia each year. KBR said the wider project should lift annual urea capacity from 4.80 million tonnes to 7.40 million tonnes, a 54.00 percent increase. The announcement places the industrial milestone ahead of the earnings debate because construction is expected to begin in the fourth quarter of 2026, while commercial production is planned for the fourth quarter of 2030.

The project also adds a long-dated capital commitment. A separate September 2026 report valued the associated expansion at USD 3.47 billion and linked the construction plan to higher future volumes, while the operating payoff remains several years away.

What does the target imply?

Bank of America cut its price objective for SABIC Agri-Nutrients from SAR 170.00 to SAR 158.00 on September 16, 2026, according to Finimize. The bank cited softer volumes and higher logistics costs even as it expected urea prices to remain supported from the fourth quarter of 2026 through the first half of 2027.

Three dated milestones

On September 16, 2026, Bank of America cut its target to SAR 158.00 from SAR 170.00. On September 29, 2026, KBR disclosed the selected ammonia technology and 1.20 million tonnes of annual capacity. On October 15, 2026, the stock was last at SAR 112.10 on Tadawul at 11:48 a.m. AST.

Dates investors can measure

The next scheduled quarterly results are due on October 22, 2026, according to TickerLandia. The expansion timeline points to construction in the fourth quarter of 2026 and commercial production in the fourth quarter of 2030. Those dates frame the near-term results against a longer capacity cycle.

Stock remains below its yearly high

The current Tadawul quote of SAR 112.10 on October 15, 2026 sits inside the reported 52-week range of SAR 108.30 to SAR 159.30. Market capitalization stood at SAR 53.4 billion on October 15, 2026. The combination of a 54.00 percent capacity increase, weaker first-half profitability and the lower SAR 158.00 target leaves execution and cash spending as the central stock questions.

The last available home-market price was SAR 112.10 on Tadawul on October 15, 2026 at 11:48 a.m. AST.