Arab Finance: During the participation in the Egypt International Energy Exhibition, Ice 2025, Eng. Karim Badawi, Minister of Petroleum and Mineral Resources, witnessed in the presence of Eng. Tesen Croup German Oda, signature of two companies Egypt for fertilizer production – MFPC With the company “Tesen Croup Oda”, Egypt is a cooperation agreement and a memorandum of understanding aimed at implementing a carbon dioxide retrieval project at Mobco as the first project of its kind in Africa and the Middle East and raising the efficiency of the company's ammonia factory, developing the three urea factories and rehabilitating them to produce TGU to produce ADD Blue that is used To remove harmful nitrogenous oxides from engines exhaust Vehicles and reduce carbon dioxide by about 150 thousand tons annually with investments of $ 220 million.
The agreement was signed by Eng. Ahmed Mahmoud, President of Mobco and Thomas Kuffah, General Manager of Thyssinkrup UHDE Egypt. The carbon dioxide project aims to reduce carbon dioxide emissions from the Ammonia factory, raise operating efficiency, increase urea production, improve natural gas use, and the agreement includes procedure Engineering feasibility studies The detailed designs of the project, provide technical support for the implementation process, and aims to reduce 10% of the total natural gas consumption used in ammonia production, and increase urea production by 10% of the current factories.
Eng. Ahmed Mahmoud, President of Mobco, explained that this project represents a strategic step towards improving the efficiency of Mobco factories and reducing environmental impact, and comes within the framework of efforts to enhance environmental sustainability and improve employment efficiency, and is an important step towards achieving its goals in reducing carbon emissions and promoting productivity.
“We are confident that this cooperation will result in positive results, which contributes to achieving the goals of sustainability and developing the fertilizer industry in Egypt,” he added.
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