KIMA pays Tecnomont EGP 1.3bn for Aswan ammonia expansion

Egyptian Chemical Industries (KIMA) said it paid EGP 1.3bn to Tecnomont by end-2016 for its Aswan fertiliser expansion, including two ammonia units of 1,200 tonnes per day. Works began in January 2017 and are due to finish by November 2018.

“KIMA contracted with Tecnomont in 2011 to implement expansion works of its affiliated fertiliser factories for $796.5m, where they will be carried out in two phases.”dailynewsegypt.com

• 1 source
• dailynewsegypt.comKIMA pays Tecnomont EGP 1.3bn for planned Aswan expansion – DailynewsegyptJan 7, 2017

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