IHS Chemical Week

Regions :: Africa

Agrium to Sell Egypt JV Stake; Acquires Share in Mopco

9:32 AM MDT | August 18, 2008 | Michelle Bryner and Natasha Alperowicz

Agrium says it has entered into an agreement to sell its 60% stake in EAgrium, a previously announced $1.4-billion fertilizer joint venture project at Ras el-Bar, Damietta, Egypt, to Misr Oil Processing Co. (Mopco; Cairo). Agrium will take a 26% equity interest in Mopco as part of the deal. The jv’s other shareholders—state-owned Echem (Cairo) and EGas (Cairo), Gasco (Cairo), and Arab Petroleum Investment Corp.—have also agreed to sell their shares in EAgrium in exchange for Mopco shares. EAgrium will become a subsidiary of Mopco. The share swap...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa