SectionEgypt overview
Misr Fertilizers Production Company (MOPCO) (MFPC)
Producer of urea and ammonia at a large complex in Damietta.
TickerMFPC
ExchangeEGX
SectorBasic resources
CurrencyEGP
About MOPCO
Misr Fertilizers Production Company, known as MOPCO, produces nitrogen fertilisers, mainly urea and ammonia, at a large complex in Damietta on Egypt's Mediterranean coast.
Like other Egyptian fertiliser makers, it relies on natural gas as its main raw material and exports a large share of its production, earning foreign currency.
Its results move with global urea prices and with the terms on which it receives gas, so international fertiliser markets and Egypt's gas supply situation are the key variables for investors.