Newsletter subscribe
Tag: Carbon Holdings

Carbon Holdings sponsors Squash World Champions Ali Farag and Nour El Tayeb

Posted: April 14, 2018 at 4:53 pm   /   Oil & Gas

Sponsoring the Egyptian squash duo reflects Carbon Holding’s commitment to supporting young athletes as part of the company’s mandate to positively impact Egyptian society. Carbon Holdings, a leading integrated petrochemicals producer in Egypt, is pleased to announce that it signed a sponsorship agreement with Egyptian world squash champions Ali Farag and Nour Al Tayeb as […]

No Comments read more

Carbon Holdings plans potentially the largest IPO in Egypt since 2011

Posted: March 11, 2018 at 8:40 pm   /   Oil & Gas

Carbon Holdings has reportedly tapped a top investment banking house to serve as advisor and global coordinator for an IPO that would value the company north of USD 1 billion, we’re told by sources with knowledge of the preparations. The stake sale is likely to be the largest IPO in Egypt since 2011; the structure […]

No Comments read more

Carbon Holdings' Counsel joins law firm Norton Rose Fulbright as O&G partner

Posted: January 9, 2018 at 4:34 pm   /   Oil & Gas

Global law firm Norton Rose Fulbright announced the appointment of Poupak Anjomshoaa to partner in the London office. She joins from Carbon Holdings, a developer, owner and operator of petrochemicals projects, where she was General Counsel. With over 20 years’ experience in the energy, infrastructure and construction sectors, Poupak has a broad skill-set spanning dispute […]

No Comments read more

EK Holding sells 26% stake in Egyptian Hydrocarbon to Carbon Holdings

Posted: October 16, 2017 at 12:45 pm   /   Oil & Gas

An Egypt Kuwait Holding subsidiary sold a 26% stake in Egyptian Hydrocarbon Company to Carbon Holdings, according to a regulatory filing. Carbon Holdings bought the stake for USD 65.2 million, the disclosure notes without adding further detail. A source close to the transaction tells us that EKH will record a capital gain of USD 18 […]

No Comments read more

Carbon Holdings aims to start building Tahrir Petrochemicals Project by June

Posted: August 26, 2017 at 12:35 pm   /   Oil & Gas

Egypt’s Carbon Holdings aims to finalize funding and start building its massive Tahrir petrochemicals project by June, producing raw materials desperately needed to boost the country’s industrial sector, its chief executive told Reuters. The $10.6 billion scheme in the Suez Canal Economic Zone will be the largest petrochemicals project in Egypt. Carbon Holdings CEO Basil […]

No Comments read more

EBRD finances $11 million environmental upgrade of Egypt’s Carbon Holdings

Posted: May 14, 2017 at 7:47 pm   /   Oil & Gas

New investments will help local petrochemicals producer reduce N2O emissions. As part of its drive to help the Egyptian economy move to more environmentally friendly ways of production, the EBRD is providing local petrochemicals producer Carbon Holdings with a US$ 11 million loan. The funds will be used to improve standards beyond the current industry […]

No Comments read more

Bechtel awarded two contracts by Carbon Holdings of Egypt

Posted: April 20, 2017 at 2:49 pm   /   Oil & Gas

Bechtel Selected to Deliver Major Petrochemicals Project in Egypt – Award Builds on Company’s Extensive Experience in the Middle East. Bechtel, a global leader in engineering, procurement, and construction, announced today that the company has been awarded two contracts by Carbon Holdings of Egypt: one to provide project management services for the Tahrir Petrochemicals Complex […]

No Comments read more

Africa Finance Corporation invests $25 million in Egypt's Carbon Holdings

Posted: March 11, 2017 at 2:05 pm   /   Oil & Gas

Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution and project developer, has announced it is to invest US$25 million in Egyptian petrochemicals company Carbon Holdings Ltd. Carbon Holdings primarily operates in the Suez Special Economic Zone. As well as exporting raw materials and end products, the company aims to develop an integrated […]

No Comments read more

Societe Generale wins advisory mandate for Tahrir Petrochemicals complex in Egypt

Posted: June 16, 2016 at 8:51 pm   /   Oil & Gas

Societe Generale and Tahrir Petrochemicals Corporation S.A.E., owned by Egyptian firm Carbon Holdings Limited, have signed an agreement mandating the bank to serve as financial advisor to the Tahrir Petrochemicals project in Egypt. Tahrir Petrochemicals is a private sector greenfield petrochemicals complex, and will be the largest complex in the country once it is completed. […]

No Comments read more

International Finance Corporation invests $25 million in Carbon Holdings

Posted: May 31, 2016 at 2:09 pm   /   Oil & Gas

IFC Supports Manufacturing in Egypt with a $25 million Investment in Carbon Holdings Limited IFC, a member of the World Bank Group, will invest $25 million in Carbon Holdings, an Egyptian developer and operator of manufacturing projects for downstream petrochemicals required in a range of industries, including mining, food packaging, and automotive parts. Egypt is […]

No Comments read more