VOL. XLVI

No 8

24-February-2003

EGYPT

Norsk Hydro And Chilean Partner Establish Egyptian Fertilizer JV

Norsk Hydro and Chilean partner Sociedad Quimica y Minera de Chile (SQM) have signed a joint-venture agreement with two Egyptian private shareholders to establish a liquid fertilizer plant and sell the output in the domestic market. Hydro and SQM will each own 47.5% of the shares in the company, Misr Speciality Fertilizer (MSF). The two local partners will each own 2.5%. MSF will appoint Hydro...