{"id":624828,"date":"2018-09-19T04:12:30","date_gmt":"2018-09-19T04:12:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/19\/abu-qir-studies-new-methanol-production-facility\/"},"modified":"2018-09-19T04:12:30","modified_gmt":"2018-09-19T04:12:30","slug":"abu-qir-studies-new-methanol-production-facility","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/19\/abu-qir-studies-new-methanol-production-facility\/","title":{"rendered":"Abu Qir studies new methanol production facility"},"content":{"rendered":"

Abu Qir Fertilizers is considering establishing a new methanol production facility and is currently preparing to launch a tender to select a company to conduct feasibility studies, the company announced in a bourse filing yesterday<\/a>. The project\u2019s investment value was not brought up, but Oil Minister Tarek El Molla had reportedly said in March<\/a> that a new methanol production facility in Damietta would be established for total investments of nearly USD 50 mn. El Molla had then met<\/a> with the heads of PowerChina and Methanex to discuss investment opportunities in Egypt. Abu Qir is one of five state-owned companies set to sell stake on the EGX this year under the government\u2019s privatization program.<\/p>\n","protected":false},"excerpt":{"rendered":"

Abu Qir Fertilizers is considering establishing a new methanol production facility and is currently preparing to launch a tender to select a company to conduct feasibility studies, the company announced in a bourse filing yesterday. The project\u2019s investment value was not brought up, but Oil Minister Tarek El Molla had reportedly said in March that […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7255],"tags":[72,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-624828","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-enterpriseam","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"39248351-7680-4de4-95b3-7276067cd38b","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Abu Qir studies new methanol production facility","related_issue":[624797],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.ca951c56-3140-4835-b049-29fbefc6a21c.mp3"},"yoast_head":"\nAbu Qir studies new methanol production facility - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/19\/abu-qir-studies-new-methanol-production-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abu Qir studies new methanol production facility\" \/>\n<meta property=\"og:description\" content=\"Abu Qir Fertilizers is considering establishing a new methanol production facility and is currently preparing to launch a tender to select a company to conduct feasibility studies, the company announced in a bourse filing yesterday. The project\u2019s investment value was not brought up, but Oil Minister Tarek El Molla had reportedly said in March that […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/19\/abu-qir-studies-new-methanol-production-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-19T04:12:30+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/19\/abu-qir-studies-new-methanol-production-facility\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/19\/abu-qir-studies-new-methanol-production-facility\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Abu Qir studies new methanol production facility\",\"datePublished\":\"2018-09-19T04:12:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/19\/abu-qir-studies-new-methanol-production-facility\/\"},\"wordCount\":121,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Manufacturing\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/19\/abu-qir-studies-new-methanol-production-facility\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/19\/abu-qir-studies-new-methanol-production-facility\/\",\"name\":\"Abu Qir studies new methanol production facility - 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A shareholder agreement has been signed establishing Misr Methanol and Petrochemicals, which will manufacture methanol, ammonia, and other petrochemicals, the Oil Ministry announced today in a statement.Around USD 1.6 bn will\u2026","rel":"","context":"In "SPEED ROUND: ENERGY"","block_context":{"text":"SPEED ROUND: ENERGY","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/525.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554156,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/22\/sczone-signs-off-on-land-contract-for-usd-2-6-bn-methanol-plant-in-ain-sokhna\/","url_meta":{"origin":624828,"position":1},"title":"SCZone signs off on land contract for USD 2.6 bn methanol plant in Ain Sokhna","author":"enterpriseam admin","date":"22 December 2021","format":false,"excerpt":"SCZone signs off on Ain Sokhna\u2019s USD 2.6 bn methanol plant: The General Authority for the Suez Canal Economic Zone (SCZone) has signed a land use contract with a company jointly owned by Abu Qir Fertilizers, Helwan Fertilizers, and Al Ahly Capital Holding, to establish a methanol plant at Egypt's\u2026","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\/2021\/12\/448.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":611303,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/05\/the-state-wants-an-even-bigger-share-of-the-countrys-nascent-green-fuel-industry\/","url_meta":{"origin":624828,"position":2},"title":"The state wants an even bigger share of the country\u2019s nascent green fuel industry","author":"enterpriseam admin","date":"5 December 2023","format":false,"excerpt":"The project will be set up by Helwan Fertilizers, Abu Qir Fertilizers, and Al Ahly Capital Holding","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/172.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":622886,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/abu-qir-looks-to-invest-egp-3-bn-in-fy2018-19\/","url_meta":{"origin":624828,"position":3},"title":"Abu Qir looks to invest EGP 3 bn in FY2018-19","author":"enterpriseam admin","date":"15 October 2018","format":false,"excerpt":"Abu Qir Fertilizers & Chemicals Industries is planning to invest EGP 3 bn this fiscal year in several projects, including setting up an acid and nitrates production facility, he company\u2019s chairman and managing director, Saad Ibrahim Abo El-Maati, told Al Mal. The facility will be funded through a loan the\u2026","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569163,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/16\/egypt-inks-its-first-westmed-oil-gas-exploration-agreements-as-egyps-wraps-up\/","url_meta":{"origin":624828,"position":4},"title":"Egypt inks its first WestMed oil, gas exploration agreements as EGYPS wraps up","author":"enterpriseam admin","date":"16 February 2020","format":false,"excerpt":"Egypt inks its first WestMed oil, gas exploration agreements: The Oil Ministry signed yesterday MoUs with five international oil companies \u2014 Royal Dutch Shell, Chevron, BP, Total, and ExxonMobil \u2014 for deepwater oil and gas exploration and production off its western Mediterranean coast, Minister Tarek El Molla told Sky News\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555263,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/08\/methanex-egypt-settles-debt-for-damietta-plant\/","url_meta":{"origin":624828,"position":5},"title":"Methanex Egypt settles debt for Damietta plant","author":"enterpriseam admin","date":"8 November 2021","format":false,"excerpt":"Methanex Egypt fully settles USD 530 mn debt ahead of schedule: Canadian-Egyptian methanol producer Methanex has fully repaid a USD 530 mn facility before it was due, according to a company statement (pdf). 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