 |
Web Hosting by Netfirms | Free Domain Names by Netfirms |
|
|
|
|
|
Country-Plan Projects and Tenders |
|
5594 Subject |
150 مليون دولار لمصنع الاسمدة بحلوان وخطوات جادة Executive measures taken for the constitution of Helwan Fertilizers Co. SAE under the private free zones system, capitalized at $ 150 million. |
| Date Published | Sunday, March 14, 2004 |
| Source Name | Al-Akhbar |
| Location Name | Cairo |
| Description | According to Chemist Adel El Danaf, head of the Holding Co. for Metallic & Metallurgical Industries, executive measures were taken for the constitution of Helwan Fertilizers Co. SAE under the private free zones system, capitalized at $ 150 million. It would have an annual design capacity to produce 650,000 tons of urea, half of which allocated for exporting abroad, depending on natural gas supplies. Major shareholders in the company include two state owned insurance companies, Abu Qir Co. for Fertilizers, El Nasr Co. for Coke & Basic Chemicals, also the Holding Co. itself. Total estimated project costs are put at L.E. 1.5 billion & Uhde Co. has been nominated as the project main contractor. [ Earlier media reports indicated the new entity would benefit from existing infrastructure at El Nasr Co. for Coke ] |
| Sectors Section |
Beneficiary Sectors - Electromechanical Works Electromechanical Works - Construction Projects Integrated works - Agriculture & Food Fertilizers & Agro Chemicals - Industry Fertilizers & Agro Chemicals |
