Stages of production at Egypt's new 'Kima 2' factory

Mon, 26 Dec 2022 - 12:36 GMT

gypt Today reviews in this article the stages of the production process in the newly-inaugurated factory, “Kima 2”, using modern technology in manufacturing, at an investment cost of about 12 billion pounds.

Nitric acid unit closed after 55 students, 11 teachers choke

Tue, 26 Nov 2019 - 12:24 GMT

The oxygen percentage at the unit decreased on Monday morning, and the wind carried the acid particles towards the inhabited city of Aswan, causing cases of choking among the civilians.

Sisi to inaugurate KIMA2 on June 30 offering 3.7K jobs

Wed, 19 Jun 2019 - 01:13 GMT

The project cost LE 11.6 billion, 62 percent of which came from bank funding and the rest was provided by contributors.

KIMA 2 plant to start production in May

Tue, 26 Feb 2019 - 02:49 GMT

Many units are currently working in a pilot and the production of ammonia will start in early May, followed by the production of urea at the end of May.

Madbouli inspects efficiency of operation of sewage treatment plant in Kima in Aswan

Sun, 10 Feb 2019 - 11:55 GMT

Madbouli visited a three-phase sewage treatment plant in Kima area in Aswan to inspect the efficiency of its operation.

Business News Wrap-up

Thu, 05 Apr 2018 - 03:00 GMT

A wrap-up of the most prominent business news of the day.

Banks’ participation in financing KIMA 2 project hiked to 61.8%

Thu, 05 Apr 2018 - 02:46 GMT

KIMA 2 is a facility for fertilizer manufacturing that is being built at a cost of LE 11.6 billion.

Egyptian Chemical Industries completes 80% of KIMA2 project

Sun, 28 Jan 2018 - 11:03 GMT

KIMA clarified that the total investment of the project is worth LE 11 billion.

KIMA negotiates raising loans’ share in funding new facility

Thu, 03 Aug 2017 - 01:11 GMT

The company is negotiating with banks to increase the share of loans in funding the company’s new facility to 62 percent from 51.5 percent.

4 stocks excluded, 4 firms joined EGX30 in periodical review

Wed, 26 Jul 2017 - 09:02 GMT

the benchmark index EGX30 saw the exclusion of four firms and the addition of another four in the periodical review.

4 stocks likely to be excluded from EGX30 on new criteria

Wed, 19 Jul 2017 - 08:18 GMT

Pharos holding concluded that four companies will be excluded after EGX reviewed the stocks listed on EGX30 on the period from February to August on a certain criteria.

Construction at KIMA 2 facility kicks off

Sat, 15 Jul 2017 - 01:48 GMT

The KIMA 2 project for fertilizer manufacturing will be finished by November 2018.