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Abu Qir Fertilizers and Chemicals Industries Company
Egyptian nitrogen fertilizer manufacturer From Wikipedia, the free encyclopedia
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Abu Qir Fertilizers and Chemical Industries Co SAE (ABUK.CA)[3] is a former state-owned company that is one of the largest producers of nitrogen fertilizers in Egypt and the Middle East.[4] It produces about 50% of the Egyptian nitrogen fertilizers.[5] It owns three plants that produce liquid fertiliser, ammonia, urea, and ammonium nitrate.[2] The company and the 1st Ammonia Urea plant was established at 1976.[6] It is located at Abu Qir Bay, 20 kilometers east of Alexandria.
Part-privatization took place in 2023,[7] resulting in the company being listed as number 12 in Forbes' Top 50 Listed Companies in Egypt 2023.[2] The following year, further stock sale reduced the government holding in the company from a controlling share to an influential minority.[8]
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