{"id":674998,"date":"2025-11-06T00:00:00","date_gmt":"2025-11-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/06\/pure-dive-secures-nbe-cib-financing-for-egypts-first-chlorine-tablet-factory\/"},"modified":"2025-11-06T00:00:00","modified_gmt":"2025-11-06T00:00:00","slug":"pure-dive-secures-nbe-cib-financing-for-egypts-first-chlorine-tablet-factory","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/06\/pure-dive-secures-nbe-cib-financing-for-egypts-first-chlorine-tablet-factory\/","title":{"rendered":"Pure Dive secures NBE, CIB financing for Egypt\u2019s first chlorine tablet factory"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>CIB and the National Bank of Egypt signed a financing agreement with <\/strong><strong>Pure <\/strong><strong>Dive to establish the first factory for chlorine tablets and granules in Egypt, Africa, and the Middle East<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0UHncvkvzUrCgtAGTGEXLerDzAJttdymYQQiJJW7CuWL2TSyoAV3KfKtAisU7pvKkl\" style=\"\" rel=\"noopener\">statement<\/a> from the Public Enterprises Ministry. The USD 39 mn project will be built at Misr Chemical Industries, supported by USD 21.8 mn and EGP 255 mn from the two banks, which will cover 70.6% of the investment cost.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The project has a targeted annual production capacity of 10k tons of trichloroisocyanuric <\/strong><strong>acid chlorine tablets and granules<\/strong> and 10k tons of cyanuric acid, which are used in pool sanitation, water treatment, and industrial applications for paper and textile processing. It will also produce 18k tons of anhydrous ammonium sulfate fertilizer, supporting national agricultural output. China\u2019s Capchem is serving as the project\u2019s general contractor, with ECG providing engineering consultancy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We first heard about the project in <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/500de745-8fe6-4b85-8bd3-6617cc9e6f66\/four-new-public-private-partnerships-for-industrial-projects\" style=\"\" rel=\"noopener\">2023<\/a><\/strong>, when Egyptian Chemical Industries (Kima) and the Chemical Industries Holding Company agreed with Cadence Energy and Engineering and Project Development to set up Pure Dive \u2014 a holding company established to construct, manage, and operate the factory for chlorine pellets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- China\u2019s Xinmin Glass will build a USD 70 mn glassware factory in the ElSewedy <\/strong><strong>Industrial Development\u2019s Sokhna 360 industrial city<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0385XLxsopVrfrRtWkZbTmBo8Ytz5LeuXAhQxvUmqdyuLFsypt6iGYmBJQENAQLBhzl\" style=\"\" rel=\"noopener\">statement<\/a> from the Suez Canal Economic Zone. The factory will begin with a USD 30 mn phase and create 1k direct jobs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PLUS- Blanket manufacturer <\/strong><strong><a target=\"_blank\" href=\"https:\/\/misrspain.com\/landing-page\/\" style=\"\" rel=\"noopener\">Misr Spain Company for Blankets & Textiles<\/a><\/strong> <strong> plans to <\/strong><strong>invest EGP 1 bn in 2026 to boost production capacity by up to 40%<\/strong>, CEO Amr El Tabbakh told <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2025\/11\/04\/1926831#:~:text=%D8%AA%D8%B3%D8%AA%D9%87%D8%AF%D9%81%20%D8%B4%D8%B1%D9%83%D8%A9%20%D9%85%D8%B5%D8%B1%20%D8%A5%D8%B3%D8%A8%D8%A7%D9%86%D9%8A%D8%A7%D8%8C%20%D8%A7%D9%84%D9%85%D8%AA%D8%AE%D8%B5%D8%B5%D8%A9,%D8%AA%D9%88%D8%A7%D8%AC%D8%AF%D9%87%D8%A7%20%D9%81%D9%89%20%D8%A7%D9%84%D8%A3%D8%B3%D9%88%D8%A7%D9%82%20%D8%A7%D9%84%D9%85%D8%AD%D9%84%D9%8A%D8%A9%20%D9%88%D8%A7%D9%84%D8%AA%D8%B5%D8%AF%D9%8A%D8%B1%D9%8A%D8%A9.\" style=\"\" rel=\"noopener\">Al Borsa<\/a>. The company aims to grow its local market presence and increase its exports, with plans to export half of its annual output. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>CIB and NBE will provide over 70% of the USD 39 mn investment for the Pure Dive facility<\/p>\n","protected":false},"author":1,"featured_media":674999,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[240,72,7087,131,248],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-674998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-cib","tag-enterpriseam","tag-finance","tag-manufacturing","tag-national-bank-of-egypt","wpautop","entry"],"acf":{"mongo_id":"eb9f8eac-2cea-413c-9e1a-833ca7d679c9","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/11\/470.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Pure Dive secures NBE, CIB financing for Egypt\u2019s first chlorine tablet factory","related_issue":[674986],"teaser":"CIB and NBE will provide over 70% of the USD 39 mn investment for the Pure Dive facility","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.ba792673-210c-4e70-bcb5-e150a8b8b719.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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USD 602 mn; SCA will likely look abroad for financing of dredgers","author":"enterpriseam admin","date":"30 January 2018","format":false,"excerpt":"A banking consortium is waiting on the Finance Ministry to issue a guarantee for a USD 602 mn loan for the Suez Canal Authority (SCA). The facility will finance several of the authority\u2019s planned construction projects, unnamed industry sources tell Al Shorouk. 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