{"id":638576,"date":"2017-10-09T03:45:26","date_gmt":"2017-10-09T03:45:26","guid":{"rendered":"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\/"},"modified":"2017-10-09T03:45:26","modified_gmt":"2017-10-09T03:45:26","slug":"evergrow-settles-on-site-for-egp-9-5-bn-plant-in-talks-with-partners-to-set-ownership-stake","status":"publish","type":"post","link":"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\/","title":{"rendered":"Evergrow settles on site for EGP 9.5 bn plant, in talks with partners to set ownership stake"},"content":{"rendered":"<p>Fertilizer producer Evergrow has settled on East Beni Suef as the site of the EGP 9.5 bn fertilizer plant it <a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/28\/fertilizer-producer-evergrow-to-build-new-egp-9-5-bn-fertilizer-plant-in-egypt\/\">announced it was building late last month<\/a>, said company chairman Mohamed El Kheshen. <a href=\"http:\/\/www.almalnews.com\/Story\/348458\/14\/%D8%A5%D9%8A%D9%81%D8%B1%D8%AC%D8%B1%D9%88-%D8%AA%D8%B3%D8%AA%D9%82%D8%B1-%D8%B9%D9%84%D9%89-%D8%AA%D9%86%D9%81%D9%8A%D8%B0-%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D8%A7%D9%84%D8%A3%D8%B3%D9%85%D8%AF%D8%A9-%D8%A7%D9%84%D9%85%D8%AA%D8%AE%D8%B5%D8%B5%D8%A9-%D9%81%D9%8A-%D8%A8%D9%86%D9%8A-%D8%B3%D9%88%D9%8A%D9%81\">He tells Al Mal<\/a> that Evergrow is in talks with a consortium made up of Borealis and EcoPhos to determine their ownership stakes in the project after signing a partnership agreement with the companies. Evergrow\u2019s share in the plant is expected to be 25%, said El Kheshen.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 EcoPhos to determine their ownership [&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":[9309],"tags":[2416,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-638576","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"67eb6af2-7a62-4e7c-83b9-aad88882aba3","order":"0","is_powered_by":true,"section_story_id":"d85e7c48-059e-499c-94a2-b9710bba4956","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638546],"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 settles on site for EGP 9.5 bn plant, in talks with partners to set ownership stake - 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\/2017\/10\/09\/evergrow-settles-on-site-for-egp-9-5-bn-plant-in-talks-with-partners-to-set-ownership-stake\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Evergrow settles on site for EGP 9.5 bn plant, in talks with partners to set ownership stake\" \/>\n<meta property=\"og:description\" content=\"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 EcoPhos to determine their ownership [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"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\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-09T03:45:26+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"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\/#article\",\"isPartOf\":{\"@id\":\"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\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Evergrow settles on site for EGP 9.5 bn plant, in talks with partners to set ownership stake\",\"datePublished\":\"2017-10-09T03:45:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"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\/\"},\"wordCount\":95,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"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\":\"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\/\",\"name\":\"Evergrow settles on site for EGP 9.5 bn plant, in talks with partners to set ownership stake - 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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\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":641668,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/fertilizer-producer-evergrow-to-build-new-egp-9-5-bn-fertilizer-plant-in-egypt\/","url_meta":{"origin":638576,"position":1},"title":"Fertilizer producer Evergrow to build new EGP 9.5 bn fertilizer plant in Egypt","author":"enterpriseam admin","date":"28 September 2017","format":false,"excerpt":"INVESTMENT WATCH- Evergrow to invest EGP 9.5 bn in new fertilizer plant withtwo foreign partners. 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Evergrow\u2019s chairman had announced last month that the\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":569071,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/fertilizers-producer-evergrow-mulls-offering-30-stake\/","url_meta":{"origin":638576,"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":561911,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/26\/evergrow-mulls-offering-40-stake-in-ipo\/","url_meta":{"origin":638576,"position":4},"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. 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