[Haichuan Overseas Engineering] Land agreement signed for Chuanjinuo’s 1.934 billion yuan phosphate chemicals project in Egypt

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The 1.934 billion yuan phosphate chemicals project of Chuanjinnuo in Egypt has seen the signing of a land agreement; read immersedly in a novel reader. Kunming Chuanjinnuo Chemical Co., Ltd. issued a announcement on November 27, 2025, announcing significant progress regarding the phosphate chemicals project in Suez, Egypt – Chuanjinnuo Egypt Chemical Co., Ltd. has been officially registered, and it has signed a land use rights transfer agreement with the Egyptian land supplier Sewedy, marking the transition of the project into the actual construction phase. The Suez phosphate chemicals project in Egypt is an important strategic move by the company to actively respond to the **Belt and Road Initiative** and expand into overseas markets. It will break the long-standing technical monopoly of European and American companies in the global phosphate chemicals industry, serving as the \"vanguard\" for China’s phosphate chemicals sector to establish its first investment and production base abroad. The total investment planned for Phase 1 of the project is approximately 1.934 billion yuan, to build a comprehensive phosphorus chemical production line in Egypt with an annual production capacity of 800,000 tons of sulfuric acid, 300,000 tons of industrial wet-process crude phosphoric acid, 150,000 tons of 52% phosphoric acid (in pure form), 300,000 tons of ammonium phosphate, and 20,000 tons of sodium fluosilicate.