{"id":623869,"date":"2024-06-12T00:00:00","date_gmt":"2024-06-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/12\/usd-250-mn-phosphate-factory-in-the-works\/"},"modified":"2024-06-12T00:00:00","modified_gmt":"2024-06-12T00:00:00","slug":"usd-250-mn-phosphate-factory-in-the-works","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/12\/usd-250-mn-phosphate-factory-in-the-works\/","title":{"rendered":"USD 250 mn phosphate factory in the works"},"content":{"rendered":"

Fertile ground for investment: <\/strong>The Egyptian Mineral Resources Authority (EMRA), East Gas Company and IMEX International have signed a shareholders agreement to establish a company for upgrading phosphate ores \u2014 one of the key components used to make chemical fertilizers \u2014 according to a statement<\/a> from the Oil Ministry. The company will earmark USD 250 mn to build a facility with an annual processing capacity of 1 mn tons.<\/p>\n

What\u2019s phosphate ore upgrading?<\/strong> Natural phosphate rocks are graded based on the content of phosphorus pentoxide. However, the levels of phosphorus pentoxide in low-grade ores can be artificially increased through various methods to increase its utility \u2014 and by extension price.<\/p>\n

They already have the upgrading recipe in mind:<\/strong> The company will use a patent method for upgrading phosphate ores called GetMoreP<\/a>, which was developed and is being licensed by the Belgium-based company Prayon, the statement read, adding that the method can increase phosphorus pentoxide levels in ores to 37%.<\/p>\n

D\u00e9j\u00e0 vu? <\/strong>The Public Enterprises Ministry oversaw<\/a> a similar agreement in January to set up a company tasked with increasing the concentration of phosphate ore via a new factory, in cooperation with Al Nasr Mining<\/a>, Al Safy Group<\/a>, and India-based Wilson<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The facility will have an annual processing capacity of 1 mn tons<\/p>\n","protected":false},"author":1,"featured_media":623870,"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":[7272],"tags":[2121,72,99,125],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-623869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-egyptian-mineral-resources-authority","tag-enterpriseam","tag-fertilizers","tag-investment-watch","wpautop","entry"],"acf":{"mongo_id":"d3e2a1b8-275c-427a-9122-dd01a2b132ed","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/6\/1128.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egyptian Mineral Resources Authority, East Gas Company, IMEX International to build USD 250 mn phosphate factory","related_issue":[623858],"teaser":"The facility will have an annual processing capacity of 1 mn tons","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.3e10e34c-2efc-49e3-953f-3f39bd88c4ce.mp3"},"yoast_head":"\nUSD 250 mn phosphate factory in the works - 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The factory will produce phosphoric acid and phosphorous fertilizers with an annual capacity of 500k tonnes, the source\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":667599,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/06\/30\/local-consortium-taps-chinas-cscec-ecec-to-build-usd-658-mn-phosphoric-acid-production-plant\/","url_meta":{"origin":623869,"position":1},"title":"Local consortium taps China\u2019s CSCEC, ECEC to build USD 658 mn phosphoric acid production plant","author":"enterpriseam admin","date":"30 June 2025","format":false,"excerpt":"The project will produce 250k tons of high-concentration commercial phosphoric acid a year in its first phase","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1645.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":658447,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/12\/chinas-asia-potash-announces-usd-10-bn-phosphate-fertilizer-complex-plans\/","url_meta":{"origin":623869,"position":2},"title":"China\u2019s Asia Potash announces USD 10 bn phosphate fertilizer complex plans","author":"enterpriseam admin","date":"12 January 2025","format":false,"excerpt":"The complex will have a total production capacity of 10 mn tons of phosphate once fully operational","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/544.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570821,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/15\/your-top-5-infrastructure-stories-of-the-week-2\/","url_meta":{"origin":623869,"position":3},"title":"Your top 5 infrastructure stories of the week","author":"enterpriseam admin","date":"15 April 2020","format":false,"excerpt":"Your top 5 infrastructure news of the week: Foreign investment: Russian companies are planning to invest a combined USD 1.5 bn in railway infrastructure, agriculture, automobile manufacturing and shipbuilding in Egypt this year.Gas: Power Transmission & Distribution, a subsidiary of Indian energy company Larsen & Toubro, was awarded a contract\u2026","rel":"","context":"In \"El Wady for Phosphate Industries and Fertilizers\"","block_context":{"text":"El Wady for Phosphate Industries and Fertilizers","link":"https:\/\/enterpriseam.com\/egypt\/tag\/el-wady-for-phosphate-industries-and-fertilizers\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592081,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/phosphate-misr-inks-usd-842-mn-agreement-with-chinas-cscec-wengfu\/","url_meta":{"origin":623869,"position":4},"title":"Phosphate Misr inks USD 842 mn agreement with China\u2019s CSCEC, Wengfu","author":"enterpriseam admin","date":"25 December 2019","format":false,"excerpt":"Phosphate Misr signed an agreement with a consortium of the Chinese State Construction Engineering Corporation (CSCEC) and China\u2019s Wengfu Group to set up a USD 842 mn phosphoric acid complex in Abu Tartoor, according to an Oil Ministry statement (pdf) The total cost of the project is estimated at USD\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":630959,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/cabinet-studying-offers-from-four-global-firms-for-usd-750-mn-abu-tartour-fertilizers-plant\/","url_meta":{"origin":623869,"position":5},"title":"Cabinet studying offers from four global firms for USD 750 mn Abu Tartour fertilizers plant","author":"enterpriseam admin","date":"6 March 2018","format":false,"excerpt":"INVESTMENT WATCH- The Ismail Cabinet is studying offers from four global firms to develop the Abu Tartour USD 750 mn phosphoric acid and fertilizers plant, according to a statement. The government has received offers from companies in Spain, Germany, China, and South Korea. 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