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SCZONE secures $525 million phosphate fertilizer complex in Sokhna Industrial Zone
via Egypt Today1 min read
The SCZONE has announced a new project by Indorama Egypt for Fertilizers in the Sokhna Industrial Zone, representing a total investment of $525 million. This integrated industrial complex aims to advance Egypt's industrial localization objectives. According to a Cabinet Media Center report, the project will cover 522,000 square meters and have an initial annual production capacity of 600,000 tons. The facility will produce phosphate fertilizers and key chemicals such as ammonia, sulfur, potash, and urea. This initiative is strategically designed to decrease import dependency and increase national exports, with about 80% of its output intended for international markets. By localizing chemical industries that utilize mineral ores, the complex seeks to enhance domestic manufacturing and supply high-value products for the agricultural sector.
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This summary was AI-generated from a story originally published by Egypt Today.
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