The Clap
Russia’s war in Ukraine caused havoc for Europe’s energy industry, but that could bode well for Egyptian fertilizer companies.
What
European countries were forced to allocate natural gas resources to heating purposes rather than to industrial companies. It’s important to note that natural gas is used in producing nitrogen fertilizers.
So what
Economist Hany Genena sees fertilizer-producing companies as a lucrative investment opportunity due to increased prices for their products & their capacity to produce more to cover higher demand.
Now what
Other analysts are saying Egyptian fertilizer companies would find themselves in an even better position if there’s a shortage in European fertilizer production.
