Carbon Holdings sponsors Egypt Petroleum Show EGYPS 2019
Chairman and CEO of Carbon Holdings, Basil El-Baz, will be attending the Egypt Petroleum Show (EGYPS) and will be a key note speaker discussing the petrochemical industry and Egypt’s economy. Carbon Holdings, a mid-to-downstream petrochemical company and catalyst of industrial development in Egypt, announced today that it will participate in and sponsor the 2019 Egypt […]
Agility to manage Logistics for Carbon Holdings
Work will support Middle East’s largest petrochemicals complex. Agility, a leading global logistics provider, has signed a memorandum of understanding to manage logistics at Carbon Holdings’ industrial facilities in Egypt, including construction of the new Tahrir Petrochemicals Complex (TPC). Agility will work with Carbon Holdings, a midstream and downstream petrochemical and process industrial plant company, […]
Qalaa Chairman presents Landmark ERC Case Study at Africa Investment Forum
Qalaa Holdings Chairman Ahmed Heikal Presents Landmark ERC Case Study at Africa Investment Forum in Johannesburg, South Africa. Qalaa Holdings Chairman and Founder Ahmed Heikal showcases US$ 4.3 bn greenfield refinery as a successful example of a private sector-led infrastructure mega-project that will provide a domestic substitute for c. 40% of Egypt’s diesel imports. Ahmed […]
TechnipFMC provides details on MIDOR refinery expansion contract
TechnipFMC PLC has confirmed details of its scope of work on an earlier awarded let by the Egyptian government for implementation of the expansion at state-owned Middle East Oil Refinery Co.’s (Midor) 115,000-b/d refinery in El Amreya Free Zone, Alexandria, Egypt. As part of the more than $1-billion contract, TechnipFMC will provide engineering, procurement, and […]
Grace licenses Unipol Polypropylene Process Technology to SIDPEC
Sidi Kerir Petrochemicals Co (SIDPEC) gets license for W. R. Grace’s technology. Sidi Kerir Petrochemicals Co (SIDPEC) has got the license for Unipol PP Process Technology by W. R. Grace, the leading independent supplier of polyolefin catalyst technology and polypropylene (PP) process technology. SIDPEC, leader in production of polyethylene in Egypt, will now produce value-added […]
Egypt signs deal with Technip, Enppi for Assiut Refinery upgrade
Egypt has signed a deal with Italy’s Technip to set up a $1.9 billion refinery complex that will be the largest in the country’s south as part of the government efforts to meet local market demands, the petroleum ministry said in a statement on Thursday. The deal, signed between state-owned oil company ENPPI, the Assiut […]
ASORC lets contract to WorleyParsons for hydrocracking complex
Assiut Oil Refining Co. (ASORC), a subsidiary of Egyptian General Petroleum Corp. (EGPC), through a contractor, has let a 4-year contract to WorleyParsons Ltd. to provide project management consultancy (PMC) for the Assiut hydrocracking complex (AHC) in Upper Egypt. As part of the contract—awarded by ASORC subsidiary Assiut National Oil Processing Co. (ANOPC)—WorleyParsons will oversee […]
Amalie Oil and ACPA sign MoU to explore partnership in Egypt
US motor oil and auto fluids manufacturer Amalie Oil Company signed an MoU with state-owned Alexandria Company for Petroleum Additives (ACPA) which would see them explore the possibility of partnering together on manufacturing or marketing motor oils, according to an Oil Ministry statement picked up by Al Mal. (Source: Enterprise.press)
Carbon Holdings says construction on TPC could start in 1Q2019
Carbon Holdings expects to break ground on the first phase of its Tahrir Petrochemicals Complex (TPC) early in 2019 after it reaches financial close on the USD 10.9 billion project late this year, Managing Director of Corporate Finance and Investor Relations Karim Helal tells Al Masry Al Youm. The company had previously announced plans to […]
Carbon Holdings plans to sell 30% stake in IPO next year
Carbon Holdings to sell 30% stake in 2Q2019 IPO: Carbon Holdings plans to sell a 30% stake in an IPO next year, Managing Director of Corporate Finance and Investor Relations Karim Helal said. The company also appears to have narrowed the date of the IPO to 2Q2019, according to Helal. The offering will include a […]
