Cairo – The Egyptian Chemical Industries (Kima) announced a failure in a carbon dioxide (CO2) compressor at its urea plant.
The compressor is currently being examined to be repaired in coordination with Japan’s Hitachi, the company said in a bourse disclosure on Sunday.
During fiscal year 2019/2020, Kima incurred net losses of EGP 1.5 billion, against net profits of EGP 32.33 million a year earlier.
Source: Mubasher
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