KIMA in talks with India’s International Cooperation Agency for EUR 20 mn loan for Aswan fertilizer facility

The Egyptian Chemical Industry Company (KIMA) is in talks with India’s International Cooperation Agency for a EUR 20 mn loan to add a new production unit to the second phase of its fertilizer production facility in Aswan, Al Mal reports. KIMA expects construction of the facility to be complete by the end of the year, according to Sayed Hamdan.