Egyptian Chemical Industries completes 80% of KIMA2 project

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Sun, 28 Jan 2018 - 11:03 GMT

BY

Sun, 28 Jan 2018 - 11:03 GMT

FILE - Egyptian Chemical Industries Company

FILE - Egyptian Chemical Industries Company

CAIRO – 28 January 2018: Egyptian Chemical Industries (KIMA) completed 80 percent of KIMA2 facility for ammonia and urea production in Aswan, according to the company's release to the Egyptian Exchange on Sunday.

KIMA clarified that the total investment of the project is worth LE 11 billion.
KIMA announced earlier that Italian company Marie Tecnimont will construct the fertilizer factory KIMA2 in Aswan.

Egyptian Chemical Industries (known as: KIMA) is a public company, listed on the Egyptian Exchange since August 1995. KIMA 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.

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