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Native name | شركة أبوقير للأسمدة |
|---|---|
Romanized name | Abu Qir Fertilizers Company |
| Industry | Chemical |
| Founded | July 20, 1976 in Egypt [1] |
| Headquarters | , |
Key people | Abed Ezz El-Regal (Chairman and CEO) [2] |
| Products |
|
Production output | 2.2 million tons [2] (2022) |
| Revenue | US$528 million [2] (2023) |
| US$293 million [2] (2023) | |
| Total assets | US$723 million [2] (2023) |
| Total equity | US$2 billion [2] (2023) |
| Owner | [2] |
| Website | Official website |
Abu Qir Fertilizers and Chemical Industries Co SAE (ABUK.CA) [3] is a chemicals manufacturer that is one of the largest producers of nitrogen fertilizers in Egypt and the Middle East. [4] It produces about 50% of the Egyptian nitrogen fertilizers. [5] It owns three plants that produce liquid fertiliser, ammonia, urea, and ammonium nitrate. [2] The company and the 1st Ammonia Urea plant was established at 1976. [6] It is located at Abu Qir Bay, 20 kilometers east of Alexandria.
Originally established as a public-sector company, [1] Abu Qir was first listed on the Egyptian Stock Exchange in 1994 [7] and part-privatized in 2023, [8] resulting in the company being listed as number 12 in Forbes' Top 50 Listed Companies in Egypt 2023. [2] The following year, further stock sale reduced the government holding in the company from a controlling share to an influential minority. [9]
