{"id":626419,"date":"2018-07-02T04:15:49","date_gmt":"2018-07-02T04:15:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/evergrow-to-build-egp-2-bn-fertilizer-plant-at-sadat-city\/"},"modified":"2018-07-02T04:15:49","modified_gmt":"2018-07-02T04:15:49","slug":"evergrow-to-build-egp-2-bn-fertilizer-plant-at-sadat-city","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/evergrow-to-build-egp-2-bn-fertilizer-plant-at-sadat-city\/","title":{"rendered":"Evergrow to build EGP 2 bn fertilizer plant at Sadat City"},"content":{"rendered":"<p><strong>INVESTMENT WATCH- Evergrow scaling back investment in fertilizer plant? <\/strong>It appears that fertilizer maker <u><a href=\"https:\/\/www.evergrowfert.com\/\">Evergrow<\/a><\/u> has reduced projected spending on its calcium diphosphate plant, with Evergrow chairman Mohamed El Kheshen stating that the Sadat City plant will cost EGP 2 bn, down sharply from an <u><a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/28\/fertilizer-producer-evergrow-to-build-new-egp-9-5-bn-fertilizer-plant-in-egypt\/\">initial estimate<\/a><\/u> of EGP 9.5 bn, <u><a href=\"http:\/\/www.almalnews.com\/Story\/380888\/15\/-%D8%A5%D9%8A%DA%A4%D8%B1%D8%AC%D8%B1%D9%88---%D8%AA%D9%86%D8%B4%D8%A6-%D8%A3%D9%88%D9%84-%D9%85%D8%B5%D9%86%D8%B9-%D9%85%D8%B5%D8%B1%D9%89-%D9%84%D9%81%D9%88%D8%B3%D9%81%D8%A7%D8%AA-%D8%A7%D9%84%D9%83%D8%A7%D9%84%D8%B3%D9%8A%D9%88%D9%85-%D8%A8%D8%B1%D8%A3%D8%B3%D9%85%D8%A7%D9%84-2-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AC%D9%86%D9%8A%D9%87\">Al Mal reports<\/a><\/u>. The plant will aim to export 75% of its production, El Kheshen said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Evergrow scaling back investment in fertilizer plant? It appears that fertilizer maker Evergrow has reduced projected spending on its calcium diphosphate plant, with Evergrow chairman Mohamed El Kheshen stating that the Sadat City plant will cost EGP 2 bn, down sharply from an initial estimate of EGP 9.5 bn, Al Mal reports. The [&hellip;]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-626419","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"27b048f4-4446-4bfc-8a7c-abc6e7850e65","order":"0","is_powered_by":true,"section_story_id":"b8663116-8115-4851-bf69-6883f55f6920","story_type":"1","photo_url":"","photo_position":"above","related_issue":[626404],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Evergrow to build EGP 2 bn fertilizer plant at Sadat City - 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\/07\/02\/evergrow-to-build-egp-2-bn-fertilizer-plant-at-sadat-city\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Evergrow to build EGP 2 bn fertilizer plant at Sadat City\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Evergrow scaling back investment in fertilizer plant? It appears that fertilizer maker Evergrow has reduced projected spending on its calcium diphosphate plant, with Evergrow chairman Mohamed El Kheshen stating that the Sadat City plant will cost EGP 2 bn, down sharply from an initial estimate of EGP 9.5 bn, Al Mal reports. 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Fertilizer producer Evergrow is investing EGP 9.5 bn to build a new plant in Egypt, Trade and Industry Minister Tarek Kabil said yesterday, according to a statement picked up by Reuters. The plant is expected\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":638576,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/evergrow-settles-on-site-for-egp-9-5-bn-plant-in-talks-with-partners-to-set-ownership-stake\/","url_meta":{"origin":626419,"position":1},"title":"Evergrow settles on site for EGP 9.5 bn plant, in talks with partners to set ownership stake","author":"enterpriseam admin","date":"9 October 2017","format":false,"excerpt":"Fertilizer producer Evergrow has settled on East Beni Suef as the site of the EGP 9.5 bn fertilizer plant it announced it was building late last month, said company chairman Mohamed El Kheshen. He tells Al Mal that Evergrow is in talks with a consortium made up of Borealis and\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","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":561911,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/26\/evergrow-mulls-offering-40-stake-in-ipo\/","url_meta":{"origin":626419,"position":2},"title":"Evergrow mulls offering 40% stake in IPO","author":"enterpriseam admin","date":"26 April 2021","format":false,"excerpt":"Egyptian fertilizer company Evergrow plans to offer a 40% stake in an IPO on the EGX in 2023, Chairman Mohamed El Kheshen told Hapi Journal. This appears to be a larger offering than the 30% stake Evergrow said last year it planned to sell in a public offering in 2022.\u2026","rel":"","context":"In &quot;IPO&quot;","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/267.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569071,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/fertilizers-producer-evergrow-mulls-offering-30-stake\/","url_meta":{"origin":626419,"position":3},"title":"Fertilizers producer Evergrow mulls offering 30% stake","author":"enterpriseam admin","date":"12 February 2020","format":false,"excerpt":"IPO WATCH- EvergrowFor Speciality Fertilizers is planning to sell a 30% stake in an IPO on the EGX by no later than 2022, Chairman Mohamed El Kheshen told the local press. El Kheshen did not specify how much Evergrow is looking to raise from the sale. The company will begin\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":557237,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/12\/evergrow-to-receive-loan-to-restructure-debts-arkan-palm-gets-egp-1-5-bn-for-sheikh-zayed-development\/","url_meta":{"origin":626419,"position":4},"title":"Evergrow to receive loan to restructure debts + Arkan Palm gets EGP 1.5 bn for Sheikh Zayed development","author":"enterpriseam admin","date":"12 September 2021","format":false,"excerpt":"Evergrow is getting a loan to restructure its debts: A consortium of 12 banks led by Mashreq Bank and the National Bank of Egypt (NBE) has began to disburse the USD 400 mn loanagreed with Evergrow earlier this year, which the Egyptian fertilizer firm will use to restructure its debts\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625798,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/15\/evergrow-in-talks-with-ida-for-land-to-complete-second-phase-of-potassium-sulfate-plant\/","url_meta":{"origin":626419,"position":5},"title":"Evergrow in talks with IDA for land to complete second phase of potassium sulfate plant","author":"enterpriseam admin","date":"15 August 2018","format":false,"excerpt":"INVESTMENT WATCH- Evergrow in talks with IDA for land to complete second phase of fertilizer complex: Fertilizers producer Evergrow is in talks with the Industrial Development Authority (IDA) to acquire a 100k sqm land plot in Sadat City to complete the second phase of its fertilizer project, Marketing and Sales\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/626419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=626419"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/626419\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/626404"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=626419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=626419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=626419"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=626419"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=626419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}