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Tuesday, 24 May 2016

MOPCO could generate USD 450 mn in export proceeds each year

Exports from Misr Fertilizers Production Company (MOPCO) are expected to bring in USD 300-450 mn annually, the head of the chemicals chamber at the Federation of Egyptian Industries said. He added that MOPCO’s facilities are now the largest globally and praised the decision to continue supplying it with natural gas. MOPCO’s target export markets will be Europe and the US, he told Al Ahram.

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