Abu Qir Fertilizers and Chemicals Industries Company explained

Romanized Name:Abu Qir Fertilizers Company
Native Name:شركة أبوقير للأسمدة
Native Name Lang:ar
Foundation: in Egypt[1]
Industry:Chemical
Location City:Abu Qir, Alexandria
Key People:Abed Ezz El-Regal (Chairman and CEO)
Production:2.2 million tons
Production Year:2022
Revenue:US$528 million
Revenue Year:2023
Net Income:US$293 million
Net Income Year:2023
Assets:US$723 million
Assets Year:2023
Equity:US$2 billion
Equity Year:2023

Abu Qir Fertilizers and Chemical Industries Co SAE (ABUK.CA)[2] is a former state-owned company that is one of the largest producers of nitrogen fertilizers in Egypt and the Middle East.[3] It produces about 50% of the Egyptian nitrogen fertilizers.[4] It owns three plants that produce liquid fertiliser, ammonia, urea, and ammonium nitrate. The company and the 1st Ammonia Urea plant was established at 1976.[5] It is located at Abu Qir Bay, 20 kilometers east of Alexandria.

In 2023, AFC was listed as number 12 in Forbes' Top 50 Listed Companies in Egypt 2023.[6]

External links

Notes and References

  1. Web site: نبذة عن الشركة. About the Company. Abu Qir Fertilizers and Chemical Industries Company. 24 January 2024. ar.
  2. Web site: ABUK.CA - Stock Price & Latest News Reuters . 2023-02-27 . www.reuters.com.
  3. Web site: Abu Qir Fertilizers and Chemical Industries Co SAE (ABUK.CA) Company Profile. Reuters. 23 August 2012.
  4. Web site: Top 50 Listed Companies in Egypt 2022 – 15. Abu Qir Fertilizers and Chemicals Company (AFC). Forbes Lists. 24 January 2024.
  5. Web site: Abou Kir Fertil & Chemicals (ABUK:Egypt (EGX)): Stock Quote & Company Profile. Bloomberg Businessweek. 10 August 2012. https://web.archive.org/web/20100512223159/http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=ABUK:EY. 2010-05-12. dead.
  6. Web site: Mughal . Waqar . Egypt's Top 50 Listed Companies 2023 – 12. Abu Qir Fertilizers and Chemical Industries. 24 January 2024 . Forbes Lists.