In continuation of the efforts exerted to implement the comprehensive development plans and new national projects, El Nasr company for Intermediate Chemicals of the Armed Forces` National Service Products Organization signed a contract with a German company named “Thyssenkrupp” for the establishment of the nitrogen fertilizer complex with a total of 6 factories.
The project will be carried out in cooperation with “Petrojet” company.
The construction of the complex comes within the second phase of the compound of phosphate fertilizers, which is currently being held in Ain Sokhna region.
The project is expected to open its first phase in the coming period. It aims at maximizing the utilization of available economic resources and increasing the production of nitrogen fertilizers covering the local market and exploiting the increase in the international demand on fertilizers by exporting the production`s surplus to world markets.
During the signing ceremony, the Director General of the National Service Products Organization, Mostafa Amin stressed the importance of establishing this huge complex in cooperation with the German side.
Amin added that the complex is a huge industrial fortress and an important addition in the way of cooperation between Egypt and Germany especially in light of the established strategic relations between the two countries.