Bargas’ Maher El Barwy, El Nasr Co ink MoU to set up new fertilizers factory

Liquefied gas producer Bargas owner Maher El Barwy and El Nasr Company for Fertilizers and Chemical Industries signed an MoU to set up a new factory at the state-owned company’s headquarters in Suez’s Attaka, El Nasr Vice President Waleed El Rasheed tells Youm7. The new 250k sqm facility, which will produce unspecified types of fertilizers and chemicals, is expected to cost USD 500 mn, El Rasheed said.