Latest in Tag: Fertilizers Highlight
Latest in Tag: Fertilizers
KIMA 2 plant provides 55% of its fertilizers production to farmers
Tawfik explained that four plants were established to produce ammonia. They are: Helwan, El Masreya, Misr Fertilizers Production Company (MOPCO) and Alexandria. He went on to explain that KIMA plant started production since the 1960s, and soon became one of the most important pillars of the industry; however, due to the increase in electricity consumption and its high cost, the plant was converted to operate with natural gas to produce urea instead of ammonia nitrate.
Egypt’s chemicals, fertilisers exports reach $4.165bn in 10M of 2020: Abul Makarem
The Chemical Industries Export Council, headed by Chairperson Khaled Abul Makarem, has announced that Egypt’s chemicals and fertilisers exports during the first ten months (10M) of 2020 amounted to about $4.165bn.
Abu Qir Fertilizers to report strong results in 1Q FY21
The company’s top-line is estimated to come in at EGP 2.069bn, reflecting unchanged results quarter-on-quarter (q-o-q), but a rise of 4% year-on-year (y-o-y). Gross margins are set to register 43.6%, reflecting a rise of 10.9% q-o-q and 6.1% y-o-y.
Baramoda: startup recycles agricultural waste to produce fertilizers
Baramoda aims to own 5% market share in Egypt by 2025, says CEO
Abu Qir Fertilizers profits grow 30% to EGP 3.15bn in FY 2018/19
The company’s profits reached EGP 3.15bn during the period from July 2018 to June 2019, compared to EGP 2.4bn in FY 2017/18.
Turkey bans sale of fertilizers after deadly attacks
Authorities have seized over 60,000 tons of fertilizer containing ammonium nitrate. A series of bomb attacks have rocked the NATO member state since a fragile peace process with Kurdish rebels collapsed.
OCI NV merges with US’s CF Holding to form world’s largest fertilisers firm
Deal valued at $8bn, OCI would own approximately 27.7% of the new company
First MOPCO Fertilizers production line to run next July: ECHEM
MOPCO Fertilizers’ first production line will operate next July to add approximately 650,000 tonnes of nitrogenous fertilisers to production every year. An official at the Egyptian Petrochemicals Holding Company (ECHEM) told Daily News Egypt that the last phase of MOPCO’s expansions includes a second production line. This will be in operation by the end of …
EGAS has suspended gas supplies to EBIC since August
Ministry of Petroleum gives priority to fertiliser factories that sell on local markets