Egyptian Chemicals Manufacturing Company (MICH) has signed a financing agreement for a new chlorine tablet and granule production plant, securing 70.6% of the project's total investment cost. The deal, valued at $21.8 million and EGP 255 million, involves a banking consortium and targets production of water treatment chemicals, signaling new supply opportunities for overseas buyers in the pool sanitation and industrial water treatment sectors.
Project financing details
Egyptian Chemicals Manufacturing Company (MICH) announced on Wednesday the signing of a financing contract for a project to produce chlorine tablets and granules (TCCA). The total financing amounts to $21.8 million and EGP 255 million, representing 70.6% of the estimated investment cost of approximately $39 million. The agreement was signed between Pureadif for Chemicals Production (the project company) and a banking consortium comprising Commercial International Bank and National Bank of Egypt.
Production capacity and product portfolio
The project aims to produce 10,000 tons per year of chlorine tablets and granules (TCCA) and 10,000 tons per year of cyanuric acid. These chemicals are primarily used for swimming pool treatment, water disinfection, and industrial applications including paper and textile processing. Additionally, the plant will produce 18,000 tons of anhydrous ammonium carbonate, a high-quality agricultural fertilizer.
Stakeholder structure
Pureadif for Chemicals Production is jointly owned by the Chemical Industries Holding Company, Egyptian Chemicals Manufacturing Company, and private-sector firm Cadence Energy. MICH holds a 12% stake in the project company, valued at EGP 120 million, as part of the EGP 1 billion capital established in June 2023.
What buyers should watch
Overseas importers of water treatment chemicals should monitor this project's timeline for potential new supply of TCCA and cyanuric acid from Egypt. The plant's output could impact regional pricing and availability for pool chemicals and industrial disinfectants. Buyers may also explore opportunities for anhydrous ammonium carbonate as a specialty fertilizer additive.
Source: Read the original report | Published: November 05, 2025