From Wikipedia - Reading time: 5 min
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Native name | شركة أبوقير للأسمدة |
|---|---|
Romanized name | Abu Qir Fertilizers Company |
| Industry | Chemical |
| Founded | July 20, 1976 in Egypt[1] |
| Headquarters | , |
Key people | Abed Ezz El-Regal (Chairman and CEO)[2] |
| Products |
|
Production output | 2.2 million tons[2] (2022) |
| Revenue | US$528 million[2] (2023) |
| US$293 million[2] (2023) | |
| Total assets | US$723 million[2] (2023) |
| Total equity | US$2 billion[2] (2023) |
| Owner | [2] |
| Website | Official website |
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.
In 2023, AFC was listed as number 12 in Forbes' Top 50 Listed Companies in Egypt 2023.[2]