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Abu Qir Fertilizers and Chemicals Industries Company information


Abu Qir Fertilizers and Chemicals Industries Company
Native name
شركة أبوقير للأسمدة
Romanized name
Abu Qir Fertilizers Company
IndustryChemical
FoundedJuly 20, 1976; 47 years ago (1976-07-20) in Egypt[1]
Headquarters
Abu Qir, Alexandria
,
Egypt
Key people
Abed Ezz El-Regal (Chairman and CEO)[2]
Products
  • Nitrogen fertilizers
  • Chemical products
[2]
Production output
2.2 million tons[2] (2022)
RevenueUS$528 million[2] (2023)
Net income
US$293 million[2] (2023)
Total assetsUS$723 million[2] (2023)
Total equityUS$2 billion[2] (2023)
Owner
  • Abu Dhabi Developmental Holding Company (21.5%)
  • Saudi Egyptian Investment Company (19.8%)
  • Egyptian General Petroleum Corporation (19.1%)
[2]
WebsiteOfficial website

Abu Qir Fertilizers and Chemical Industries Co SAE (ABUK.CA)[3] is a former state-owned company 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.

In 2023, AFC was listed as number 12 in Forbes' Top 50 Listed Companies in Egypt 2023.[2]

  1. ^ "نبذة عن الشركة" [About the Company]. Abu Qir Fertilizers and Chemical Industries Company (in Arabic). Retrieved 24 January 2024.
  2. ^ a b c d e f g h i j Mughal, Waqar. "Egypt's Top 50 Listed Companies 2023 – 12. Abu Qir Fertilizers and Chemical Industries". Forbes Lists. Retrieved 24 January 2024.
  3. ^ "ABUK.CA - | Stock Price & Latest News | Reuters". www.reuters.com. Retrieved 2023-02-27.
  4. ^ "Abu Qir Fertilizers and Chemical Industries Co SAE (ABUK.CA) Company Profile". Reuters. Retrieved 23 August 2012.
  5. ^ "Top 50 Listed Companies in Egypt 2022 – 15. Abu Qir Fertilizers and Chemicals Company (AFC)". Forbes Lists. Retrieved 24 January 2024.
  6. ^ "Abou Kir Fertil & Chemicals (ABUK:Egypt (EGX)): Stock Quote & Company Profile". Bloomberg Businessweek. Archived from the original on 2010-05-12. Retrieved 10 August 2012.

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