Photo Credit: Arabianeye - Reuters
AMOC
AMOC
0.23%
8.87
0.02
AMOC
Cairo-Mubasher: Alexandria Mineral Oils Co (AMOC) signed the contracts related to preparing both the feasibility and the technical study for a new project to produce diesel and naphtha.
The new project investment cost is estimated at $250 million to $300 million.
AMOC reported net profits of nearly EGP 340.3 million in the fiscal year ended June 2015.
Source:
Mubasher