Middle East Economic Survey

VOL. LIV

No 47

21-Nov-2011

EGYPT

Protests Halt Operations At MOPCO Fertilizer Plant

Protests have forced the Misr Oil Processing Company (MOPCO) to suspend operations at its Damietta fertilizer plant. The plant, which has a capacity of 675,000 tons/year of urea and 80,000 t/y of ammonia, is majority owned by the Egyptian government, with Canadian fertilizer giant Agrium holding a 26% equity stake. As a result of the demonstrations, which turned violent on 13...