Fertilizer companies listed on the Egyptian Stock Exchange reviewed the extent to which their factories were affected by the decision to reduce natural gas by 20% for a number of fertilizer factories, starting in the middle of this week, for the factories that consume the most gas and produce urea in particular.
And the Egyptian Chemical Industries Company - Kima, stated that the gas reduction led to a decrease in ammonia production by 20%, but due to the presence of a quantity of ammonia product in the tank, that is, to maintaining the production of final products (urea and nitrates) by 100% to date.