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.
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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.
Deal valued at $8bn, OCI would own approximately 27.7% of the new company
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 …
Ministry of Petroleum gives priority to fertiliser factories that sell on local markets