Fertiglobe, Egypt in talks about new fertilizer complex

Fertiglobe’s CEO, Ahmed Al-Hoshi and Egypt’s minister of petroleum and mineral resources, Karim Badawi met in October to discuss a $1.5 billion investment to establish an integrated phosphate fertilizer production complex in the Ain Sokhna region.

The new facility will have a production capacity of 1.3 Mt/y of diammonium phosphate fertilizers (DAP) and aims to start commercial production in 2031.