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OCI to widen fertilizer product base

Egypt's Orascom Construction Industries (OCI) announced the signing of a toll-manufacturing agreement by the OCI Fertilizer Group with the Egyptian Financial and Industrial Corporation (EFIC) for the production of ammonium sulphate using ammonia sourced from and exclusively marketed by OCI in the international export market.

Under the terms of the agreement, OCI will supply up to 78 thousand tons of ammonia annually which will be processed to produce up to 300 thousand tons of ammonium sulphate per year, to be distributed and sold exclusively by the OCI Fertilizer Group. The key inputs for ammonium sulphate are anhydrous ammonia and sulphuric acid which will be supplied by each respective party at prevailing market prices.



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