International Dry Ice Co.
EEGX:EGS30AJ1C016-EGP10.20
EGP
-2.28
(-18.27%)
International Dry Ice Co.
EGX:EGS30AJ1C016-EGP
(Egyptian Exchange)
Recent
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10.20
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ROIC.AI
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- Business
- International Dry Ice Co., commercially known as DIFCO 2, is an Egypt-based industrial gas and specialty cleaning solutions provider that manufactures, processes, and distributes dry ice products while providing advanced industrial dry ice blasting services and equipment. Founded in 1997 and headquartered in Cairo, Egypt, the company serves commercial and industrial clients across domestic and regional markets. The company operates through two core business segments: Dry Ice Manufacturing and Industrial Blasting Services. Its product and service portfolio comprises: solid carbon dioxide products, including high-density dry ice pellets, standard 3mm pellets, industrial dry ice blocks, and sliced dry ice packaging engineered for perishable food preservation, airline catering, and cold-chain temperature control; dry ice blasting equipment and machinery, including single-hose and dual-hose blasting units, pneumatic cleaning systems, specialized nozzles, and blasting accessories; contract industrial cleaning services, featuring non-abrasive, chemical-free, and residue-free dry ice blasting for mold remediation, online electrical equipment cleaning, turbine maintenance, paint stripping, printing cylinder cleaning, and industrial equipment degreasing; temperature-controlled logistics supplies, including insulated containers, thermal shippers, and specialized packaging solutions for the cryogenic transportation of pharmaceuticals, vaccines, and biological specimens; and technical support, engineering consultancy, equipment rental, operator training, and preventative maintenance programs for automated cleaning systems. The company caters to diverse end markets, including the automotive, oil and gas, food and beverage processing, petrochemical, pharmaceutical, power generation, aerospace, and general manufacturing industries throughout Egypt and the wider Middle East and North Africa (MENA) region. In recent developments, International Dry Ice Co. has executed strategic and operational transitions, including the completion of its voluntary delisting process from the Egyptian Exchange (EGX: DIFC / ISIN: EGS30AJ1C016) to streamline corporate governance as a privately held enterprise; the expansion of on-site cryogenic industrial cleaning contracting agreements with major regional petrochemical and energy facilities; the upgrade of high-density pelletizing production lines to enhance output capacity and reduce sublimation losses; and the broadening of its specialized cold chain distribution network to address increased demand for pharmaceutical and biotechnical temperature-regulated transport solutions.