Indorama Corporation partners with Misr Phosphate to scale its global footprint, with IFC and EBRD backing financing as total fertilizer capacity targets 13 million tons annually

Indorama Corporation is advancing its world-class phosphatic fertilizer project in Egypt’s export zone, in partnership with Misr Phosphate, marking a strategic step in strengthening its global fertilizer footprint. The project is designed to leverage best-in-class technology, advanced equipment, and operational expertise drawn from Indorama’s extensive experience in building and managing large-scale fertilizer assets.

Once operational, the facility is expected to enhance Indorama’s integrated fertilizer platform, enabling the company to better serve key agricultural markets worldwide. The project also reflects a broader industry shift toward vertically integrated production systems aimed at improving efficiency, supply reliability, and global distribution capabilities.

Indorama is targeting financial close in 2026 and has secured mandates with International Finance Corporation (IFC) and European Bank for Reconstruction and Development (EBRD) to lead debt syndication, alongside participation from its global relationship banks. The involvement of leading development finance institutions underscores the project’s scale and strategic importance.

The Egypt facility, combined with Indorama’s upcoming large-scale urea plant in Nigeria—set to be commissioned in the coming months—will significantly expand the company’s global production capacity to approximately 13 million tons annually. This positions Indorama among the world’s leading fertilizer manufacturers, reinforcing its role in addressing growing global demand for crop nutrients and agricultural productivity solutions.