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KEPPT appoints J.P. Morgan to arrange financing of its strategic US$1.6bn urea plant in Iraq
GlobeNewswire Inc.·
KEPPT has engaged J.P. Morgan to arrange development financing for a landmark $1.6 billion urea plant in Basra, Iraq. The facility will have an annual production capacity of 1.15 million tonnes and is expected to commence operations in 2030, reducing Iraq's reliance on imported urea and supporting the agricultural sector.
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