MOPCO produced approximately two million tons of urea product and 1.2 million tons of ammonia product in 2022. It also exports urea to Europe, Latin America, Asia, Africa, and North America. In August 2022, the Saudi Egyptian Investment Company acquired a 25% stake in MOPCO, to become the second largest shareholder after the Egyptian Petrochemicals Holding Company (ECHEM), which owns a 30.75% stake. In February 2023, MOPCO,ECHEM, and Norwegian company Scatec signed an agreement for the production of green ammonia from green hydrogen.