El Nasr Co. for Intermediate Chemicals (NCIC) awarded India’s Nuberg a EUR 15 mn turnkey project to manufacture hydrogen peroxide in a Giza facility. The plant will produce at a capacity of 70 tonnes per day. Nuberg says the NCIC project would be its fourth specialty chemical turnkey project in Egypt, having worked on a caustic soda plant for Egyptian Petrochemical Company in Alexandria, a calcium chloride plant for TCI Sanmar Chemical in Port Said, and sulphuric acid plant for Agrochem in Alexandria.
More from Enterprise
How correspondent banking works, and what the FinCEN clampdown on Banque Misr UAE means for business
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
FRA and EGX eye law change to let LLCs and partnerships set up investment funds
Regulators want to keep Egyptian money from setting up funds…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…