Latest in Tag: MOPCO Highlight
Latest in Tag: MOPCO
ADQ acquires stakes in five largest Egyptian companies in deals worth $1.8bn
The shares that were bought are as follows: 17.1% from the CIB, 21.25% from Abu Qir Fertilisers, 33% from Alexandria Container Handling, 12.6% from Fawry, and 20% from MOPCO.
MOPCO to increase urea production to 70,000 tonnes annually
Al-Ahly Pharos sets fair value of MOPCO share at EGP 126.75
Cabinet approves transfer of Agrium’s stake in MOPCO to Finance Ministry to end dispute
The Canadian fertilizer company Nutrien’s (formerly Agrium) stake in Egypt’s Misr Fertilizer Production Company (MOPCO), estimated at 59.6m shares will be transferred to the Egyptian Ministry of Finance before the end of the year, in settlement of dispute between Agrium and MOPCO’s subsidiary, Egyptian Nitrogen Products Company (ENPC). According to the settlement agreement, Agrium will …
MOPCO posts strong results in Q2 2020, reporting EGP 651m bottom-line
Sales volumes have increased by up to 10% q-o-q
MOPCO sales growth supported by higher volume
EGP appreciation, Urea prices hold it back
At the receiving end of the commodity rut; top picks are MOPCO, KIMA & ABUK
CCAP, SKPC, and AMOC represent substantial upsides, but, with significant event-based risks
Gas re-pumped to MOPCO, AlexFert after maintenance
Provision of 3.7bn cubic feet daily to electricity plants, 400m cubic feet for high-consumption factories
Gas pumping to MOPCO, El Masreya 1, Alexandria Fertilisers halted for maintenance
Consumption-intensive factories, for steel and fertilisers, need nearly 1bn cubic feet of gas a day for their operations
Al-Sisi opens MOPCO $1.96bn expansion
60% of the factory’s products will be exported to more than 20 countries
Petroleum companies listed before fiscal year-end
MOPCO has already listed in Egyptian Exchange
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 …
MOPCO lists on EGX with EGP 2.3bn
MOPCO is third biggest nitrogen producer globally
Government offers tender increasing some public companies’ EGX capital
Some financial experts believe these public efforts are positive and will relieve pressure on the state treasury
Government considering ways to compensate farmers for fertiliser price hikes: Investment minister
Companies refusing to comply with ministry’s domestic fertiliser quotas
MOPCO to be listed in capital market early 2015: Company chairman
Chemicals company to launch IPO following completion of expansion projects
MOPCO 1 and 2 expansion to be completed by early 2015 through $1.9bn in investments
The MOPCO 2 project will increase the company’s productive capacity to over 1.2m tonnes annually, and the official noted that with the MOBCO 1 project included in the calculations, total production will exceed 2m tonnes per year.