Energy Capital & Power

Elsewedy & Futurefert Partner on Green Fertilizer Project

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Egyptian construction company Elsewedy Industrial Development signed an agreement with Futurefert – a granular NPK factory in Egypt – during COP28 on Monday to spearhead the development of a green fertilizer plant. The agreement represents a notable step towards sustainable and decarbonized agriculture in Egypt.  

Elsewedy Industrial Development manages the entire development life cycle, starting from the acquisition of strategically positioned land plots to post-operation community management.

In parallel, Futurefert capitalizes on Egypt’s abundant nitrogen, phosphorus, and potassium reserves, positioning itself advantageously to supply high-quality NPK that meets international standards, ensuring swift delivery to clients.

Green fertilizers share an identical chemical and physical composition with fossil fuel-based fertilizers, but they boast a significantly lower carbon footprint. This reduction is attributed to their production using renewable electricity sources. Considering Egypt’s immense potential in renewable energies, particularly solar, hydro, and wind, along with the abundant mineral reserves essential for green fertilizer production, the collaboration between Elsewedy and Futurefert sets the stage for future decarbonization initiatives in the country.

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Anne Laure Klein

Anne Laure Klein

Anne-Laure Klein works as a field editor for Energy Capital & Power. She graduated in Political Science with a Master's degree in International Relations and geopolitics. Before joining ECP, she worked as a Senior Account manager for International Tech and Energy companies. She is from French, Syrian and Italian descent, and fluently speaks English, French, Spanish and Italian. On a personal level, she is a seasoned traveler and has visited more than 110 countries.

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