the sales and marketing Office:

Address: 10 El Messaha Square - Dokki- Giza-Egypt.
Tel: (202) 37493936 / 33387663 / 37627789/0106089106
Fax: (202) 37610081 / 37615260







Nature:

An Egyptian joint stock company, established according to the Law  No. 43/1974 and its amendment through the Law No. 230/1989 of “The Arab and Foreign Investment and Free Zones”.

Company Objectives :

The extraction of salts from Lake Qarun as follows:

  • Anhydrous sodium sulphate (Na2SO4), with a production capacity of 120 000 T/Y.
  • Sodium Chloride (NaCl) with a production capacity of 150 000 T/Y.
  • Magnesium Sulphate ( Mg2SO4.7H2O) with a production capacity of 27 000 T/Y.

Company Capital :

The Company’s issued capital is 82350000 million Egyptian pounds (2010) divided into 82350000 shares, one hundred Egyptian pounds each.

Shareholders and Their Equity :

The shareholders of the company are some Egyptian Banks, Public Sector Companies and the Fayoum Governorate as shown in the following Table (1).

No. Shareholders Number of shares   Value in M.Pound  Percent Contribution
The National Bank of Egypt  410.103 41,043,200 49.8 %
2 The National Investment Bank  140.421 14,042,100 17.05%
3 Chemical Industries Company  107.961 10,796,100 13.11%
4 Misr Re-Insurance Company  67.527 6,572,700 8.2%
5 Industrial Development Bank  54.022 5,402,200 6.56%
6 Development Fund, Fayoum Governorate  43.151 4,315,100 5.24%

 



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