Latest in Tag: fertiliser Highlight

Latest in Tag: fertiliser

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

80% majority of Egypt’s natural gas production goes to power plants: Petroleum ministry report

Power plants currently receive 80% of Egypt’s natural gas production, equivalent to approximately 3.043bn cubic feet per day, currently the maximum supply rate, according to a report issued by the Ministry of Petroleum. Approximately 519.8m cubic feet of the remaining 20% of Egypt’s gas production is directed toward the industrial sector. The other 1.79bn cubic …

Mohamed Adel

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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