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]