April 28, 2026 [Hydrocarbon Processing]- Egypt’s Minister of Industry, Khaled Hashem, met with representatives from Egypt Amun Green Ammonia (EAGA), a joint venture between Poland-based Hynfra and Egypt’s Coxswains, to review plans for a major green ammonia development in southeastern Egypt. The project is expected to require an initial investment of $5 billion, with total spending set to double as later expansion phases are completed. Production is targeted to begin by 2031, starting at 400,000 tons annually and eventually increasing to 1 million tons per year.

The planned facility will be located in Ras Banas and powered entirely by a hybrid renewable energy system combining solar and wind generation. The renewable complex is designed to deliver up to 2,000 MW of capacity, split evenly between the two sources, and operate independently from Egypt’s national electricity grid. Covering around 100 square kilometers, the project will also include dedicated export infrastructure, including a port for green ammonia shipments.

Officials said the first phase could generate roughly $490 million in annual export revenues, supported by contracts covering all initial production for Central and Eastern European markets. Hashem emphasized the government’s backing for renewable-energy-based industrial projects that support Egypt’s ambition to become a regional hub for hydrogen and green ammonia production while reducing pressure on the national grid. Hynfra’s leadership noted that the initiative will draw on the company’s long-standing ammonia expertise and support broader economic sectors such as agriculture, water, and energy.