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thyssenkrupp wins major order for fertiliser complex in Egypt

thyssenkrupp’s plant engineering business won a major order for the engineering, procurement, and construction (EPC) of a new fertiliser complex, from the Egyptian chemical and fertiliser manufacturer, El Nasr Company for Intermediate Chemicals (NCIC). thyssenkrupp is realising the project in a consortium with the Egyptian company PETROJET.  The order value for thyssenkrupp is in the …

Daily News Egypt

OCI Fertilisers demerger to come

Orascom for Construction Industries (OCI) announced yesterday that the General Authority of Investment and Free Zones (GAIF) approved OCI’s proposed valuation split methodology for the demerger of its construction group from its fertilisers group. GAIF approved on Saturday to split OCI’s standalone assets and liabilities on book value basis as at 31 December 2011, an …

Islam Serour

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