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OCI NV, Adnoc could shutter fertilizer plants on high gas prices
OCI NV, Adnoc could shutter Egypt fertilizer plants due to gas prices: High gas prices in Egypt could force OCI…
fertilizers
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EFIC appoints Mohamed El Abassy as chairman
MOVES- Mohamed El Abassy has been appointed as chairman and managing director of fertilizer manufacturer Egyptian Financial and Industrial Co.…
Fertilizers producer Evergrow mulls offering 30% stake
IPO WATCH- EvergrowFor Speciality Fertilizers is planning to sell a 30% stake in an IPO on the EGX by no…
Phosphate Misr inks USD 842 mn agreement with China’s CSCEC, Wengfu
Phosphate Misr signed an agreement with a consortium of the Chinese State Construction Engineering Corporation (CSCEC) and China’s Wengfu Group…
Evergrow to receive USD 150 mn loan to restructure debts
Egyptian fertilizer manufacturer Evergrow has reached an agreement with four local banks for a USD 150 mn loan to restructure…
Egypt’s Chemical Industries Co. eyes USD 500 mn Suez fertilizers plant
The Chemical Industries Holding Company (CIHC) is looking into setting up a new USD 500 mn fertilizers plant in Suez…
OCI NV, ADNOC complete fertilizer merger
M&A WATCH- OCI NV, ADNOC fertilizer merger done and dusted: Abu Dhabi National Oil Company (ADNOC) has completed its merger…
El Sisi inaugurates large fertilizer complex in Sokhna
President Abdel Fattah El Sisi inaugurated a new phosphate and compound fertilizer manufacturing complex at the Ain Sokhna Industrial Zone…
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