Helwan Fertilizers Chooses Enppi as Consultant for Melamine Plant Development
Helwan Fertilizers Chooses Enppi as Consultant for Melamine Plant Development

Helwan Fertilizers Chooses Enppi as Consultant for Melamine Plant Development

  • 29-Aug-2024 7:45 PM
  • Journalist: Patricia Jose Perez

As per reports, Helwan Fertilizer Company has engaged Enppi to act as the consulting firm for the establishment of a new melamine production plant, designed to produce 60,000 tons annually. Enppi will be responsible for reviewing and preparing the comprehensive terms and conditions booklet, which will include detailed licensor documentation. They will then present these documents to specialized contractors and manage the overall implementation of the project on a turnkey basis. This involves overseeing the construction and operational setup to ensure that the plant is completed efficiently and in accordance with the specified requirements and standards.

The agreement for the establishment of a melamine production plant was formalized with the signing ceremony attended by Hassan Abdel-Aleem, Chairman of the Board and Managing Director of Helwan Fertilizer Company, and Wael Lotfy Moustafa, Chairman of the Board and Managing Director of Enppi. The event took place at Enppi’s headquarters and was witnessed by senior leaders from both companies.

Abdel-Aleem further elaborated that the new melamine factory is designed to meet local demand while exporting the surplus to boost export volumes. He emphasized that this initiative will not only satisfy domestic needs but also foster the development of complementary industries. The establishment of this factory is expected to have a substantial positive impact on the Egyptian national economy by stimulating related sectors and enhancing the country’s industrial capabilities.

Helwan Fertilizers Company, a prominent player in the Egyptian fertilizer industry, is strategically located in El-Tebbin-Helwan, a region known for its industrial development and proximity to Cairo. The company operates on a substantial land area of approximately 150,000 square meters, providing ample space for its manufacturing facilities and operations.

Helwan Fertilizers specializes in the production of granulated urea fertilizer, a vital agricultural input that enhances crop yields and quality. With a nitrogen content of 46.5%, granulated urea fertilizer is widely used by farmers to optimize their agricultural practices. In addition to urea, the company also produces ammonia, an essential intermediate product used in the manufacturing of various chemicals and fertilizers.

Recognizing the growing demand for its products and the potential for expansion, Helwan Fertilizers is currently undertaking a feasibility study to establish a second production line. This strategic move aims to increase the company's production capacity, meet the rising demand for its fertilizers, and strengthen its position in the market.

The company's financial strength is evident in its authorized capital of 700 million US dollars, demonstrating the significant investments made by its shareholders. The issued capital of 150 million US dollars reflects the portion of the authorized capital that has been subscribed and paid up by investors. The total investment cost for the project, amounting to 316.75 million dollars, underscores the substantial financial commitment required to establish and operate a modern fertilizer production facility.

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