The Egyptian Chemical Industries (KIMA) - Company's website
CAIRO – 26 February 2019: Chairman of Egyptian Chemical Industries Company (KIMA) Eid el-Hout revealed that KIMA 2 factory which is 95 percent finished will start production in May.
“Many units are currently working in a pilot,” he said, pointing out that the production of ammonia will start in early May, followed by the production of urea at the end of the same month.
The entire plant will start operating on June 25 in preparation for the opening in conjunction with the celebrations of the June 30 revolution, according to Hout.
He attributed the delay in completing the project, which was scheduled for the end of November 2018, to the delay in the arrival of machines, equipment and raw materials from customs, especially maritime customs, in addition to some procedures related to different bodies.
Hout added that the completion of the project, which is worth around LE 12 billion, is considered one of the most important achievements in President Abdel Fatah al-Sisi's rule, and one of the most important steps of developing southern Upper Egypt.
“Extensive efforts have been exerted to overcome all obstacles in the way of implementing the giant industrial building of the Holding Company for Chemical Industries, headed by Emad Eddin Mustafa and leaders of the company, the Ministry of Public Works Sector and the employees of Kima Aswan,” he stated.
KIMA 2 is a facility for fertilizer manufacturing that is being built at the existing site of the company's Aswan fertilizer complex at a cost of LE 11.6 billion.
Production from the facility is expected to reach 1,200 tons of ammonia and 1,600 tons of urea per day.
The Egyptian Chemical Industries, known as KIMA, is affiliated to the Chemical Industries Holding Company, producing nitrogenous fertilizers and chemicals, including hydrogen and ammonia.
KIMA has been listed on the Egyptian Exchange since August 1995 and operates within the materials sector, focusing on diversified chemicals.
It has two subsidiaries in Egypt working on agricultural products and diversified chemicals. KIMA is based in Aswan and was established in January 1956.