VOL. XXXVIIINO. 928-NOVEMBER-1994
Egyptian Firm To Double Urea Production Capacity
Egypt's Abu Qir Fertilisers and Chemical Industries said on 24 November thatit is studying a project to increase urea production capacity by 600,000 tons ayear at a cost of Eœ1bn ($295mn). In 1993 the company, in which the state has amajority share, produced 520,000 tons. The new capacity is intended for export.The company said it will cover Eœ300mn ($88.5mn) of the costs from its ownresources and raise the...