Latest in Tag: fertiliser Highlight
Latest in Tag: fertiliser

Egypt approves new formula for pricing natural gas for nitrogen fertiliser factories
New formula links the price of gas supplied to fertiliser producers to the global price of urea: Abu Qir Fertilisers

Fertiliser price hikes threaten global food security
Producers will benefit most from direct access to European markets: Hermes

Egypt among top 10 major international fertiliser exporters
Egyptian government keen to develop fertiliser industry to achieve sustainable agricultural development, says Nevine Gamea

Egypt’s EFIC aims to launch compound fertiliser production line
Project to take around 3 years to break even, contribute to company’s cash flow

Egyptian Commercial Service expects $2bn export opportunities in chemical, fertiliser industries
The study highlighted that there are nine target markets in Africa, namely Kenya, South Africa, Uganda, Ethiopia, Senegal, Tanzania, Zambia, Djibouti, and Ghana.

Fertiliser stocks rise on speculation of subsidy removal, investment law amendments
If implemented, it would spell very good news for local fertiliser producers, which currently sell around 40%-50% of their urea and nitrate fertiliser output to the government at a discount of about 30% to the market price.

thyssenkrupp’s to build new fertilizer complex in Egypt for NCIC by 2022: Country CEO
Sales generated by group reach €42.7bn in FY 2017/18

thyssenkrupp wins major order for fertiliser complex in Egypt
thyssenkrupp’s plant engineering business won a major order for the engineering, procurement, and construction (EPC) of a new fertiliser complex, from the Egyptian chemical and fertiliser manufacturer, El Nasr Company for Intermediate Chemicals (NCIC). thyssenkrupp is realising the project in a consortium with the Egyptian company PETROJET. The order value for thyssenkrupp is in the …

Agriculture subsidies should be over EGP 7bn in the coming FY: Parliament’s Planning and Budget Committee
Allocations should be increased to offset fuel and fertiliser price hikes, says Khalil

Government denies potential increase in fertiliser costs
Increasing the cost of agricultural fertilisers at this moment in time would be unwise, says Abou Ismael

Ferchem Misr installs soluble fertiliser production line
The company is preparing to run the production line within days as part of its plan to expand production capacity, says investment report

Egypt, Bahrain sign 11 MOU in various fields
Egypt presents its mega-development projects to attract Bahraini investments

45% decline in fertiliser exports during August: CEC report
Egyptian fertiliser exports declined to record EGP 1.4bn during the first eight month of 2015, compared to EGP 3.5bn during the same period of 2014, says CEC

Egypt’s chemical, fertiliser exports in Africa rise by 16% in September: CEC head
Egyptian exports to the Nile basin countries rose to $93m during June

EGAS suspends gas to 78% of fertiliser plants to save fuel for electricity
Suspension of fuel supply to El-Nasr, Helwan, Alexandria, Al-Masriya 1 and Al-Masriya 2, Apec and MOPCO

Technoment to begin construction of Aswan fertiliser factory by end of 2014
Italian firm will also partner with KIMA to upgrade facilities to work with natural gas

Government considering ways to compensate farmers for fertiliser price hikes: Investment minister
Companies refusing to comply with ministry’s domestic fertiliser quotas

Price rises to kill fertiliser black market: Agriculture Minister
Farmers syndicate questions government’s ability to cut black market and says price rises burdens farmers

New investments in fertiliser sector suspended until crises resolved
Fate of the fertiliser tax to be determined in three months
Working group to resolve fertiliser production problems: Prime Minister
Meeting held between petroleum ministry and companies to address gas shortages for fertiliser plants
80% majority of Egypt’s natural gas production goes to power plants: Petroleum ministry report
Power plants currently receive 80% of Egypt’s natural gas production, equivalent to approximately 3.043bn cubic feet per day, currently the maximum supply rate, according to a report issued by the Ministry of Petroleum. Approximately 519.8m cubic feet of the remaining 20% of Egypt’s gas production is directed toward the industrial sector. The other 1.79bn cubic …

Power crisis threatens industrial sector
Daily reduction of 725m cubic feet of gas at factories; gas supply to EBIC, Alexandria Fertilizers, and Egyptian Fertilizers stopped

EGAS halts pumping of gas to several fertiliser companies, methanol factory
MOPCO, AlexFert, and EBIC were among the affected firms, while Methanex’s Damietta plant has not received gas in over two weeks

Qatar grants Egypt 5 LNG shipments to relieve industrial sector
Egypt’s gas shortages threaten to paralyse the country’s production industry, putting factories at 50% capacity
OCI Fertilisers demerger to come
Orascom for Construction Industries (OCI) announced yesterday that the General Authority of Investment and Free Zones (GAIF) approved OCI’s proposed valuation split methodology for the demerger of its construction group from its fertilisers group. GAIF approved on Saturday to split OCI’s standalone assets and liabilities on book value basis as at 31 December 2011, an …