INDORAMA TO CONSTRUCT US$700M PLANT IN EGYPT

INDORAMA TO CONSTRUCT US$700M PLANT IN EGYPT

Indorama Corporation, an Asian chemical firm, wants to establish two phosphate fertilizers and mineral silicon factories for solar panels, with investments worth $700 million. Prime Minister Mostafa Madbouly reviewed their proposal during a meeting with Minister of Petroleum Tarek El-Molla Minister of Planning Hala El-Said, and Minister of Trade and Industry Ahmed Samir alongside other senior officials. The petroleum minister said there is a chance for partnership with Indorama, noting that the raw materials for…

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