NCIC Intecsa sign phosphate plant contract

摘要

El Nasr Co. for Intermediate Chemicals (NCIC) and Intecsa Industrial, a unit of Spain's ACS Group, signed a contract to build a sulphuric acid plant, a DAP plant and a TSP plant at Ain Sokhna in Egypt. "This contract represents half of the total fertilizers complex to be built at Ain Sohkna [sic], which will be the biggest complex ever built in Egypt in the fertilizers sector," Intecsa said on its website. The contract is worth ?315 million ($347 million), Bloomberg reported.