Egyptian Fertilizers Company (EFC) is the largest private sector granular urea producer in Egypt.
Business Model:
Revenue: $0
Employees: 501-1,000
Egyptian Fertilizers Company was acquired by
OCI NV.
The acquisition happend on 2008-03-31.
Details of the transaction were not public
Address:
City: Gîza
State: Al Jizah
Zip:
Country: Egypt
Egyptian Fertilizers Company (EFC) is the largest private sector granular urea producer in Egypt. The plant is capable of producing 1.55 million metric tons per year through two identical production lines. The production lines were constructed by OCI in 2000 and 2006 in collaboration with Uhde, which supplied the state-of-the-art proven process technology. The facility also includes a 325 thousand metric ton per year urea ammonium nitrate blending unit, which was added onsite in 2010. EFC was fully acquired in 2008. EFC is located at the port of Ain Al Sokhna, Egypt’s deepest port, approximately 55 kilometers south of the Suez Canal at the heart of the global East-West trade route. This gives EFC a freight cost advantage over other Middle Eastern and Asian urea producers as exports from EFC do not pass through the Suez Canal. EFC is also located across the street from Egypt Basic Industries Corporation (EBIC) on the grounds of Suez Industrial Development Company’s (SIDC) industrial park in Ain Sokhna, allowing both facilities to benefit from significant synergies. The plants benefit from several tie-ins for raw materials and utilities, including water, nitrogen, waste water and CO2. The plants also share workshop facilities and spare parts. Additional tie-in initiatives are assessed and implemented wherever possible. This generates savings in capital expenditure, and allows each plant to depend on the other for backup if required.
Contact Phone:
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 7/2005 | Private Equity Round | - |
Qalaa Holdings Savola Group Qalaa Holdings Qalaa Holdings Savola Group Qalaa Holdings |
7/2005 | Private Equity Round | 2 | - |
Qalaa Holdings Savola Group Qalaa Holdings Qalaa Holdings Savola Group Qalaa Holdings |
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