During his tour, the Minister inspected various production units, including the Kima 2 plant, with a production capacity of 396,000 tons of ammonia per year and 520,000 tons of urea per year.
He lauded the production processes, highlighting
the industrial edifice and its role in strengthening national industry and
meeting the local market's fertilizer needs. He also praised its contribution
to supporting Egyptian exports, embodying the success of the state's efforts to
develop vital industries and achieve sustainable development.
Shimi also inspected the Ferrosilicon
factory, which was recently rehabilitated to resume operations after a hiatus
of about five years, with the assistance of the Egyptian Ferroalloys Company at
a cost of about 53 million pounds. It was contracted to operate with Saudi
private sector investment. The targeted production capacity is about 18,000
tons annually, with expected revenues for Kima Company from operating the
factory and its by-products amounting to about $1.8 million annually.
The Minister also reviewed the progress of
work on Kima's new project, which began operations in August 2024. The project
includes the construction of a nitric acid production plant with a production
capacity of 600 tons per day, and an ammonium nitrate production plant with a
production capacity of 800 tons per day, at an investment cost of $278.3
million and EGP 6.4 billion.
Minister Shimi stated that new projects aim to bolster national industry, increase production and competitiveness, and improve environmental sustainability. He stressed the need to continuously improve operational efficiency through advanced technologies to achieve sustainable development and support the national economy.