​Eng. Karim Badawi during Discussions with Mr. Ahmed El-Hoshy CEO of Fertiglobe

​Eng. Karim Badawi, Minister of Petroleum and Mineral Resources, received Ahmed El-Hoshy, CEO of Fertiglobe, an Adnoc company, and his accompanying delegation to discuss preliminary plans for establishing an integrated phosphate fertiliser production complex in Ain Sokhna, with investments exceeding $1.5 billion and a targeted annual production capacity of 1.3 million tonnes of diammonium phosphate (DAP) fertilisers. Commercial production is targeted to commence in 2031.

Eng. Karim Badawi highlighted the project’s importance as an opportunity to strengthen integration between the mining sector and downstream industries, transforming mineral resources into higher-value industrial products. He asserted the importance of completing the necessary technical and economic studies to assess the project and its requirements.

For his part, Ahmed El-Hoshy presented the project’s preliminary plans, pointing out that it aims at establishing an integrated complex for producing diammonium phosphate fertilisers, with an annual production capacity of 1.3 million tonnes, investments exceeding $1.5 billion, and commercial production targeted to begin in 2031.

Both sides also discussed opportunities to localise the production of AdBlue, a solution used to reduce harmful vehicle emissions, by leveraging domestic urea production.