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Cooperation Ministry, IDB, sign fund agreement: Economic Summit

The Ministry of International Cooperation has signed a funding agreement with the Islamic Development Bank (IDB) worth $200m to develop the benzoin distillation unit of Assiut refinery. Minister of Petroleum Sherif Ismail said that the capacity of the refinery will amount to 600,000 tonnes of benzoin annually, expecting the production to begin in 2017.

Daily News Egypt

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