Company Profile:
Helwan Fertilizers Company (HFC) is an Egyptian joint stock company established in accordance with the Special Free Zone and is subject to Investment Guarantees and Incentives Law No. 8 of 1997 and Law No. 114 of 2008 and its implementing regulations and decisions. Implementation No. 2690/2004, and now it works according to internal investment.
The company's website:The company is located on an area of 150,000 square meters in the industrial zone of Tebbeen - Helwan near the highway and about 40 kilometers from the center of Cairo.
Company activities:The company specializes in producing urea fertilizer 46.5% nitrogen and ammonia which is an intermediate product. There is an alternative plan to build another production line similar to the current one.
The company's capital:The authorized capital is 700 million USD.
The paid up capital is US $ 150 million.
The investment cost of the project is 316.75 million US dollars.
Agreement:On March 9, 2004, a contract was signed with a German well-experienced company Uhde to hire a general contractor to build the first granular urea production line.Effective date of the contract: July 15, 2004
Implementation of the project: 33 months from the date of effectiveness of the contract.
Uhde was responsible for installing all machines and conducted all necessary trials for all stages of operations.
Production began on March 9, 2007 (two months before the date specified in the contract)
On May 15, 2007, temporary admission to the plant.Local market:
Helwan Fertilizers Company aim to support the national economy in Egypt, this by supplying the local market with the required fertilizers according to the company production capacity. International market:Helwan Fertilizers Company exports its products worldwide with a full commitment to contracts with international companies taking into consideration the highest level of the products' quality.
