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Egypt Cancels Agrium Project, Relocates it to Another Site

2:46 AM MDT | August 14, 2008 | Natasha Alperowicz

Egypt has decided to cancel EAgrium, a previously announced $1.4-billion fertilizer project at Ras el-Bar, Damietta, Egypt, a popular tourist resort on the Mediterranean coast, following protests by local residents. Instead, the project will be built a few kms away across a local canal still at Damietta by Misr Oil Processing Co. (Mopco; Cairo)....

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