Home Page Pioneers Holding Website Site Map عربي
Egyptian pound sees one of fastest currency increases worldwide this year: Cabinet       Egypt: The exports dilemma       East Delta Mills registers EGP 38M losses in 12 months       Release from Egyptian Iron & Steel (IRON.CA) Regarding the Board of Directors       Release from MM Group Industrial & International Trade (In Kind) (MTIE.CA) Concerning Financial Investment Company S.A.E. (Ebtikar       Release from ARAB POLVARA SPINNING & WEAVING CO. (APSW.CA) Concerning a Lawsuit       Engineering Industries (ICON) (ENGC.CA) - Release Concerning a Clients Shares       Release from B Investments Holding S .A. E (BINV.CA) Concerning Ebtikar for Financial Investment       Release from Arabia Investments Holding (AIH.CA) Concerning a Lawsuit       Fawry announces intention for a public offering on EGX       EGP 6B to subsidise exports in FY 2019/20: Trade Minister       New terms for firms working in free zones:GAFI       Egypts PM orders quick implementation of Golden Triangle project       FrieslandCampina to do due diligence on Arab Dairy ahead of bid offer       Suez Canal Bank (CANA.CA) - Audit Committee Report       United Arab Shipping (UASG.CA) - EGM Minutes (after Certification)       Release from Amer Group Holding (AMER.CA) Concerning a Lawsuit       Release from Al Arafa Investment And Consulting (AIVC.CA) Concerning the EGM       Atlas for Investment & Food Industries (ALRA.CA) - Board of Directors Decisions       Release from Eastern Company (EAST.CA) Concerning Amendments in the Executive Management      
ACGC.CA  5.67    1.07%      AFDI.CA  12.02    1.52%      APSW.CA  2.71    1.88%      COMI.CA  73.35    0.87%      EFIC.CA  16.93    1.93%      EGTS.CA  1.55    2.65%      EHDR.CA  5.13    2.40%      EKHO.CA  0.80    -1.23%      ELEC.CA  0.89    3.49%      ELKA.CA  14.98    0.00%      EMOB.CA  128.73    1.83%      EPCO.CA  2.30    0.00%      ESRS.CA  19.59    0.98%      ETEL.CA  13.49    -0.37%      HRHO.CA  23.27    0.00%      IFAP.CA  2.38    2.15%      KABO.CA  1.49    0.68%      MNHD.CA  10.29    1.78%      MOIL.CA  0.28    3.70%      NCGC.CA  6.55    0.00%      OCDI.CA  19.54    0.41%      OCIC.CA  217.47    0.00%      ORTE.CA  4.42    1.38%      PHDC.CA  4.06    1.50%      PIOH.CA  8.47    0.59%      SPIN.CA  2.05    1.49%      SVCE.CA  5.49    2.23%      SWDY.CA  136.72    0.80%      TMGH.CA  10.22    1.89%      UEGC.CA  0.77    1.32%      
First Name
Last Name
E-Mail
E-Mail
SEMADCO received 3 bids for setting up a new Ammonia plant


Cairo: El-Nasr Co. for Fertilizers & Chemical Industries ( SEMADCO) received three bids to set up a plant for producing Ammonia at USD140mln investments over 1mln sqm plot of land owned by the company.
" SEMADCO is holding talks with the bidders, as the Holding Company for Chemical Industries is one of the bidders," said Walid El-Rashidi, deputy chairman of HCCI, the parent company of SEMADCO.
The negotiations are tackling how to evaluate the project land, as some companies request the land be evaluated on the usufruct basis, whereas SEMADCO insists on the ownership basis alongside handling the land as an in-kind stake in the project, he continued.
With the aim of ramping up their returns, HCCI seeks to upgrade the existing fertilizers plants and add up new production lines.
The dream of building a new fertilizers plant dates back to August 2014 when the then Minister of Investment Ashraf Salman announced that the government okayed setting the plant at 1200 tonne capacity per day.

Time Added: 2018-09-13 15:09:47
Source: arabfinance
  print
Send to a friend
Your Name
Your E-mail
Your Friend Name
Your Friend E-mail
Your Message
 
Share on Facebook

Related News
Egyptian pound sees one of fastest currency increases worldwide this year: Cabinet
Egypt: The exports dilemma
East Delta Mills registers EGP 38M losses in 12 months
Release from Egyptian Iron & Steel (IRON.CA) Regarding the Board of Directors
Release from MM Group Industrial & International Trade (In Kind) (MTIE.CA) Concerning Financial Investment Company S.A.E. (Ebtikar
Release from ARAB POLVARA SPINNING & WEAVING CO. (APSW.CA) Concerning a Lawsuit
Engineering Industries (ICON) (ENGC.CA) - Release Concerning a Clients Shares
Release from B Investments Holding S .A. E (BINV.CA) Concerning Ebtikar for Financial Investment
Release from Arabia Investments Holding (AIH.CA) Concerning a Lawsuit
Fawry announces intention for a public offering on EGX