Misr Fertilizers Production Company’s (MOPCO) board has given the green light for the formation of a new company in collaboration with the Egyptian Petrochemicals Holding Company (ECHEM) and Norway’s Scatec, aimed at producing green hydrogen.
The green hydrogen will be utilized in the production of green ammonia. Details regarding ownership in the upcoming company are yet to be finalized and will be disclosed in due course.
MOPCO is an Egypt-based firm involved in the manufacturing, marketing, wholesale, and distribution of fertilizers and petrochemical products, including ammonia, urea, and nitrogen.
Egyptian Petrochemicals Holding Company (ECHEM), is one of the four specialized bodies of the Egyptian Ministry of Petroleum.
Scatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy in emerging markets.