Egyptian factories cease working

Egypt – The Misr Fertilizer Manufacturing Firm – MOPCO introduced the suspension of the provision of pure fuel to the corporate’s factories till the operational situations of the community enhance, which led to the suspension of the three factories.

In an announcement despatched to the inventory trade at present, it indicated that the warmth wave continues at a degree exceeding the traditional charges anticipated for this era of the 12 months, which has brought on an unprecedented improve in power consumption charges, coinciding with the cessation of some regional fuel provide sources, which has led to the fuel community’s reserves being affected. Negatively.

Yesterday, Sidi Kerir Petrochemical Firm introduced that the corporate’s factories had stopped as a result of interruption of feed gases.

Abu Qir Fertilizers and Chemical Industries Firm introduced yesterday morning that its three factories had stopped working as a result of interruption of pure fuel provides.

The corporate defined in a disclosure despatched to the inventory trade yesterday that this is available in mild of the continued scorching climate wave exceeding the traditional charges anticipated for this era of the 12 months, and has brought on an unprecedented improve in power consumption charges, coinciding with the cessation of some regional fuel provide sources, which has led to The fuel community inventory was negatively affected.

The corporate continued in its disclosure: So as to keep away from any injury to the corporate’s factories as a consequence of these working situations, pure fuel provides to them have been stopped till the community’s working situations improved, and accordingly, the corporate’s three factories have been stopped.

Supply: Cairo 24