{"id":587261,"date":"2023-05-24T00:00:00","date_gmt":"2023-05-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/24\/the-state-is-setting-up-a-new-fertilizer-company\/"},"modified":"2023-05-24T00:00:00","modified_gmt":"2023-05-24T00:00:00","slug":"the-state-is-setting-up-a-new-fertilizer-company","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/24\/the-state-is-setting-up-a-new-fertilizer-company\/","title":{"rendered":"The state is setting up a new fertilizer company"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">INVESTMENT-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">A new state fertilizers project:<\/span><span style=\"\"> State-owned and EGX-listed Abu Qir Fertilizers, the Egyptian <\/span><span>General Petroleum Corporation (EGPC), and Egyptian Petrochemicals Holding Company (ECHEM) partnered to launch a joint fertilizers venture, the Oil Ministry <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/EgyptMOP\/posts\/pfbid02wkKzPKR6SN8XtbJ3DZRLMtKgAyDqLgPHk8RAJf28NNfGFjRfKVZMYr3QD5UmkPvbl\" style=\"\">said<\/a><\/span><span> Sunday<\/span><span>. North Abu Qir for Agricultural Nutrients has a paid-up capital of EGP 1 bn, with Abu Qir and EGPC each holding a 45% stake and ECHEM holding the remaining 10%. North Abu Qir plans to produce some 2.4k tons of ammonium nitrate, 1.8k tons of nitric acid, and 1.2k tons of ammonia daily, the statement reads. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company will produce several chemicals used to manufacture fertilizer<\/p>\n","protected":false},"author":1,"featured_media":587262,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[548,111,1890,557,72,99],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-587261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-abu-qir-fertilizers","tag-also-on-our-radar","tag-echem","tag-egyptian-general-petroleum-corporation","tag-enterpriseam","tag-fertilizers","wpautop","entry"],"acf":{"mongo_id":"a9365ee8-1414-43db-b2c9-ae5173329b2b","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/5\/1322.jpg","photo_position":"above","homepage_title":"","full_issue_title":"The Egyptian state is setting up a new fertilizer chemicals company","related_issue":[587237],"teaser":"The company will produce several chemicals used to manufacture fertilizer","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.d04efed5-e245-4a0f-ad35-b477098fbed9.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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