(Finance) – Nextchem (Sustainable Technology Solutions) subsidiary of MAIREthrough its nitrogen technology licensor Stamicarbon, has been awarded a licensing and equipment supply contract for a state-of-the-art urea synthesis and granulation plant in Egypt on behalf of the El-Nasr Company for Intermediate Chemicals (NCIC).
The plant will have a production capacity of 1,050 metric tonnes per day of urea and will be located in an area 100 km south-east of Cairo.
The Stamicarbon technology selected by NCIC plays a fundamental role for the urea synthesis and granulation plant, especially in terms of process optimization, operational safety, increasing yield and minimizing energy consumption. NCIC is a major player in the chemical and fertilizer industry in Egypt, which has adopted cutting-edge nitrogen technologies that can ensure superior product quality.
Alessandro Bernini, CEO of MAIREcommented: “This achievement is a testament to the reliability of our value proposition in offering nitrogen-based technology solutions worldwide. We are proud to contribute to NCIC’s industrial development plans in the fertilizer sector, thus consolidating our market leadership in licensing urea technology in Africa”.