El-Molla holds discussions with DOW Chemical's Regional President
Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources met with Mr. Jim Mcllvenny, President DOW India, Middle East, Africa and Turkey, in presence of CEO of ECHEM. The Minister cleared out that the Egyptian Petrochemical industry is a promising one with World specifications’ products, are available in several global markets, labeled “Made in […]
El-Molla: Egypt executes 8 petrochemicals projects worth $7.4 bn
Egyptian petroleum sector owns eight large petrochemicals projects with investments worth US$7.4 billion and total capacities estimated at 4.5 million tonnes per year. Oil Minister Tarek El-Molla stated Saturday that those projects include the petrochemicals complex of Egyptian Ethylene and Derivatives Company (Ethydco) whose investments are estimated at US$1.9 billion. The new complex has been […]
President Sisi inaugurates Ethydco's ethylene production project
President Abdel-Fattah El-Sisi inaugurated the petrochemical complex of Egyptian Ethylene & Derivatives Company (Ethydco) in Alexandria on Saturday. In a televised speech, El-Sisi talked about coming economic reforms, including reforms of subsidies. Petroleum Minister Eng. Tarek El Molla gave a brief presentation on the strategy of the petroleum sector and the implementation of the project […]
ECHEM eyes $15 billion investments in Egypt
The Egyptian Petrochemicals Holding Company (ECHEM) is designing a blueprint for hiking investments from $5 billion to $15 billion within 5-10 years, said ECHEM Vice-President Hussien Ismail. Feasibility studies are underway for a number of vital projects, including a petrochemical project in Suez Canal Axis, a Polypropylene production project, as well as a plant for […]
Egypt and United Kingdom sign contract to supply styrene for industrial production
A contract between the Egyptian Styrene & Polystyrene production company (E.Styrenics) and the British New Perspective was signed Friday for supplying styrene material for industrial purposes. Minister of Petroleum and Mineral Resources Tarek el Molla, chairman of the Egyptian Petrochemicals Holding Company (ECHEM) Mohamed Saafan and the CEOs of the two companies witnessed the signing […]