The discussion focused on progressing the establishment of a green ammonia production plant at Al Nasr Fertilizers in Ataqa, Suez Governorate.
Egypt ramps up oil production & energy investment with new incentives and deep sector reforms, says Minister Badawi.
Hynfra intends to build five plants to meet the green ammonia needs of Eastern and Central Europe, selecting Egypt as the site for one of these plants. The initial phase is expected to be completed by 2030, with a production capacity of 100,000 tons per year, and potential expansion to produce up to 1 million tons annually.
The new plant aims to have an annual production of 40,000 tons of green methanol.
Investment in future generations is one of the most important commitments to enable young people and support innovative ideas.
