The Clap According to Mohamed Radwan, CEO of KIMA, Egyptian Chemical Industries KIMA (EGCH) can export 100% of its total products.
Incentives to Export Radwan said that due to the high global demand for fertilizers and their high prices, exporting has become very attractive. Exporting will provide foreign currency, which the country desperately needs now.
Why this Matters KIMA is in a difficult situation due to the EGP 11.6 billion loan that the company is obligated to repay. Only 3 payments were settled, but the loan will continue until the year 2034.