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Mubarak corrupted regime played and important role in planting MOPCO project in the middle of a densely populated area. Since 2005, Damietta People struggled to get their life back and the Egyptian government was reluctant to take any measures to realize the environmental justice. |
MOPCO - Ammonia & Urea Fertilizer Plant
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Location |
Damietta, some 200 kilometres east of Alexandria - EG |
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Investment |
392,000,000 USD |
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Announced |
9/6/2005 |
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Completion |
10/15/2008 |
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Scope |
The Urea/Ammonia Fertilizers Project aims to produce Ammonia and Urea fertilizer with a capacity of 1,200 t/day of Anhydrous Ammonia and 1,925 t/day of Granular Urea. A gas feedstock agreement for the project was concluded with Egyptian Natural Gas Holding Company (EGAS). The ammonia plant was to be based on Uhde’s proprietary ammonia process while the urea plant uses Netherlands-based Stamicarbon’s synthesis technology.
MOPCO wanted to use the urea fertilizer produced to serve both the domestic and export markets. The combined entity intends to construct two additional urea trains on the MOPCO site. Agrium had a small (26 percent) equity position in the facility. |
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4/24/2008 |
EAgrium responded to the Egyptian Government's request to suspend the EAgrium-Damietta Ammonia Urea Plant in response to the public consensus from Damietta citizens about the possible environmental impact of the project on the community.
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10/15/2008 |
The project was completed
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11/8/2008 |
Agrium entered into an agreement with MISR Oil Processing Company, S.A.E. (MOPCO) whereby MOPCO acquired the EAgrium project, and EAgrium shareholders obtained an equity interest in the combined entity.
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12/16/2009 |
Agrium Inc secured local financing of $1.05-billion allow ENPC to proceed with the next steps of the construction of the second and third production trains at the existing MOPCO nitrogen facility in Damietta.
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Agrium confirmed that MOPCO management has suspended operations at the MOPCO nitrogen facility in Damietta, Egypt, due to local demonstrations. MOPCO is majority owned by the Egyptian government. Agri... |
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