{"id":636496,"date":"2024-08-01T00:00:00","date_gmt":"2024-08-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/01\/indian-fertilizers-player-could-set-up-usd-300-mn-factory\/"},"modified":"2024-08-01T00:00:00","modified_gmt":"2024-08-01T00:00:00","slug":"indian-fertilizers-player-could-set-up-usd-300-mn-factory","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/01\/indian-fertilizers-player-could-set-up-usd-300-mn-factory\/","title":{"rendered":"Indian fertilizers player could set up USD 300 mn factory"},"content":{"rendered":"

India\u2019s Ostwal could set up a fertilizers plant:<\/strong> India-based fertilizers manufacturer Ostwal Group of Industries<\/a> is looking into setting up a USD 300 mn fertilizers factory in Egypt, according to a statement<\/a>.<\/p>\n

What we know:<\/strong> The factory aims to produce over 700k tons of fertilizers a year and plans to export to markets in the Middle East, Africa, and Europe, as well as the Indian market.<\/span><\/p>\n

Why Egypt?<\/strong> Ostwal is looking to leverage Egypt's strategic location, availability of raw materials, qualified labor force, and energy resources, noted Investment and Foreign Trade Minister Hassan El Khatib during a meeting with a delegation from the company led by Managing Director Praveen Ostwal, who expressed the company\u2019s interest in expanding here.<\/p>\n

About Ostwal:<\/strong> The Indian group is one of the largest producers and manufacturers of fertilizers in India. It currently has operations in 10 countries, with 150 retail branches and 17k distributors.<\/p>\n

ICYMI:<\/strong> We just got word that Singapore-based Indorama is building a USD 400-500 mn<\/a> phosphate fertilizers plant in Ain Sokhna, set to begin implementation in 2025.<\/p>\n

NEW FUTURE PHARMA FACTORY- <\/p>\n

Future Pharma has an EGP 2.5 bn factory in the pipeline: <\/strong>Local pharma player Future Pharma Industries is planning to inaugurate a EGP 2.5 bn factory in Badr City next March, Chairman and Managing Director Gamal El Leithy told Al Borsa<\/a>. The factory will produce ampoules, eye drops, and pre-filled syringes, with most of the output set to be allocated for export. <\/p>\n","protected":false},"excerpt":{"rendered":"

The plant will aim to produce 700k tons of fertilizers a year, eying Arab, African, and European markets for exports.<\/p>\n","protected":false},"author":1,"featured_media":636497,"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":[11981],"tags":[72,99,125,427],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-636496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing-2","tag-enterpriseam","tag-fertilizers","tag-investment-watch","tag-pharma","wpautop","entry"],"acf":{"mongo_id":"c412fa40-6d8f-4a22-b864-49de74c7e8b8","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/8\/9.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Indian fertilizers player could set up USD 300 mn factory in Egypt","related_issue":[636488],"teaser":"The plant will aim to produce 700k tons of fertilizers a year, eying Arab, African, and European markets for exports.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.c75ea392-cfee-4b5d-be73-00cbcf2db8cf.mp3"},"yoast_head":"\nIndian fertilizers player could set up USD 300 mn factory - 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\/2024\/08\/01\/indian-fertilizers-player-could-set-up-usd-300-mn-factory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indian fertilizers player could set up USD 300 mn factory\" \/>\n<meta property=\"og:description\" content=\"The plant will aim to produce 700k tons of fertilizers a year, eying Arab, African, and European markets for exports.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/01\/indian-fertilizers-player-could-set-up-usd-300-mn-factory\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-01T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/9.jpg?fit=%2C&ssl=1\" \/>\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\/2024\/08\/01\/indian-fertilizers-player-could-set-up-usd-300-mn-factory\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/01\/indian-fertilizers-player-could-set-up-usd-300-mn-factory\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Indian fertilizers player could set up USD 300 mn factory\",\"datePublished\":\"2024-08-01T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/01\/indian-fertilizers-player-could-set-up-usd-300-mn-factory\/\"},\"wordCount\":247,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/01\/indian-fertilizers-player-could-set-up-usd-300-mn-factory\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/9.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"fertilizers\",\"investment watch\",\"pharma\"],\"articleSection\":[\"MANUFACTURING-\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/01\/indian-fertilizers-player-could-set-up-usd-300-mn-factory\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/01\/indian-fertilizers-player-could-set-up-usd-300-mn-factory\/\",\"name\":\"Indian fertilizers player could set up USD 300 mn factory - 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The new 250k sqm facility, which will\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":651228,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/07\/consortium-looking-to-raise-usd-700-mn-to-build-phosphoric-acid-and-phosphorous-fertilizers-factory\/","url_meta":{"origin":636496,"position":2},"title":"Consortium looking to raise USD 700 mn to build phosphoric acid and phosphorous fertilizers factory","author":"enterpriseam admin","date":"7 February 2017","format":false,"excerpt":"A consortium of seven public companies is pursuing a USD 700 mn loan to build a phosphoric acid and phosphorous fertilizers factory in the New Valley, unnamed government sources tell Al Mal. 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":569071,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/fertilizers-producer-evergrow-mulls-offering-30-stake\/","url_meta":{"origin":636496,"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 "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":594058,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/egypts-chemical-industries-co-eyes-usd-500-mn-suez-fertilizers-plant\/","url_meta":{"origin":636496,"position":4},"title":"Egypt\u2019s Chemical Industries Co. eyes USD 500 mn Suez fertilizers plant","author":"enterpriseam admin","date":"17 October 2019","format":false,"excerpt":"The Chemical Industries Holding Company (CIHC) is looking into setting up a new USD 500 mn fertilizers plant in Suez through a joint venture with an unnamed private company, Deputy Chairman Walid El Rasheed told Youm7. No further details were provided. We had previously noted that CIHC had been considering\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":595883,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/el-nasr-fertilizers-and-benchmark-power-intl-sign-mou-for-suez-ammonia-factory\/","url_meta":{"origin":636496,"position":5},"title":"El Nasr fertilizers and Benchmark Power Int\u2019l sign MoU for Suez ammonia factory","author":"enterpriseam admin","date":"8 August 2019","format":false,"excerpt":"State-owned El Nasr Co. for Fertilizers & Chemical Industries signed an MoU with Benchmark Power International to build a USD 600 mn ammonia factory in Suez, Al Mal reported. The facility will have a daily production capacity of 1.2k tonnes, which will be doubled in the second phase. El Nasr\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/636496","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=636496"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/636496\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/636488"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/636497"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=636496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=636496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=636496"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=636496"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=636496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}