What does IEFC mean in COMPANIES & FIRMS
IEFC stands for Indo Egyptian Fertilizer Company. It is a joint venture between the governments of India and Egypt, established in 1984. The company's primary operation is the production and distribution of fertilizers, catering to the agricultural industries of both India and Egypt.
IEFC meaning in Companies & Firms in Business
IEFC mostly used in an acronym Companies & Firms in Category Business that means Indo Egyptian Fertilizer Company
Shorthand: IEFC,
Full Form: Indo Egyptian Fertilizer Company
For more information of "Indo Egyptian Fertilizer Company", see the section below.
Key Focus Keywords
- IEFC Meaning
- IEFC Full Form
- What does IEFC Stand For
Explanation
IEFC is a prominent player in the fertilizer industry, with a focus on manufacturing and supplying high-quality fertilizers to farmers. The company's operations include:
- Production: Establishing and maintaining fertilizer production facilities, including raw material procurement, processing, and blending.
- Distribution: Developing and implementing distribution channels to deliver fertilizers to farmers and agricultural cooperatives.
- Research and Development: Conducting research and development to enhance fertilizer efficiency and explore new fertilizer formulations.
Benefits of IEFC
- Increased Agricultural Productivity: IEFC fertilizers provide essential nutrients to crops, enhancing their growth and yield.
- Food Security: By ensuring a reliable supply of fertilizers, IEFC contributes to the food security of India and Egypt.
- Economic Growth: The fertilizer industry supports many related industries, creating employment opportunities and contributing to the overall economic growth.
Essential Questions and Answers on Indo Egyptian Fertilizer Company in "BUSINESS»FIRMS"
What is IEFC (Indo Egyptian Fertilizer Company)?
IEFC is a joint venture between India and Egypt, established in 1982. It operates a state-of-the-art fertilizer complex in Ain Sokhna, Egypt, producing urea and ammonia.
What are the products manufactured by IEFC?
IEFC manufactures and distributes urea and ammonia. Urea is primarily used as a nitrogen fertilizer in agriculture, while ammonia is used in the production of various chemicals and fertilizers.
What is the production capacity of IEFC?
IEFC has a production capacity of 1.2 million metric tons of urea and 650,000 metric tons of ammonia per year.
Where is the IEFC fertilizer complex located?
The IEFC fertilizer complex is located in Ain Sokhna, a port city on the Gulf of Suez in Egypt.
Who are the key shareholders of IEFC?
The key shareholders of IEFC are the Government of India (50% stake) and the Government of Egypt (50% stake).
What are the benefits of investing in IEFC?
Investing in IEFC provides access to a well-established company with a track record of profitability, a strong market position in Egypt and the Middle East, and a commitment to sustainable operations.
Where can I find more information about IEFC?
You can visit the IEFC website at www.iefc.com.eg for more detailed information about the company, its products, and its financial performance.
Final Words: IEFC is a vital player in the fertilizer industry, committed to providing high-quality fertilizers for agricultural development. The company's joint venture between India and Egypt underscores the importance of international collaboration in addressing global food challenges.
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