It is reported by egypttoday.

KIMA clarified that the total investment of the project is worth LE 11 billion. KIMA announced earlier that Italian company Marie Tecnimont will construct the fertilizer factory KIMA2 in Aswan. 

Egyptian Chemical Industries (known as KIMA) is a public company, listed on the Egyptian Exchange since August 1995. KIMA operates within the materials sector, focusing on diversified chemicals. It has two subsidiaries in Egypt working on agricultural products and diversified chemicals. KIMA is based in Aswan and was established in January 1956.