Indorama Corporation continues to make strong progress on its new world-class phosphatic fertilizer project located in Egypt’s export zone along with Misr Phosphate.
The project will deploy best-in-class technology, equipment, and process know-how, drawing on Indorama’s extensive global experience in developing and operating large-scale fertilizer facilities. Once operational, the plant will further strengthen Indorama’s integrated fertilizer platform and enhance its ability to serve key agricultural markets worldwide.
Indorama expects to achieve financial close in 2026. To support the project’s financing, the company has entered into mandates with the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD) to lead the debt syndication, alongside participation from its global relationship commercial banks.
This new facility, together with Indorama’s upcoming large-scale urea fertilizer plant in Nigeria — expected to be commissioned in the coming months — will further reinforce the company’s position among the world’s leading fertilizer manufacturers with an annual production capacity of 13 million tons.