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Misr Chemical Industries, Chemical Industries Holding Co, and Energy Cadence signed a collaboration contract to establish, manage and operate the 1.3 billion Egyptian pounds Puredive plant for chlorine products on Sunday.
According to the statement submitted to the Egyptian Exchange (EGX) on Monday, Misr Chemical Industries participates with 12 per cent, Chemical Industries Holding Co. participates with 12 per cent, and Energy Cadence takes part with 76 per cent.
The new plant’s main objective is to fulfil the growing domestic demand for chlorine products, including powder, granules, and tablets for disinfection and killing bacteria and viruses.
