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Tag: Ethydco

El Molla invites Bechtel to participate in key energy projects

Posted: October 24, 2017 at 1:59 pm   /   Oil & Gas

Oil Minister Tarek El Molla invited Global engineering and construction giant Bechtel to participate in some of the biggest energy projects taking place in the country, Al Masry Al Youm reports. The MOPCO and Ethydco refining complexes, as well as a number of oil and gas finds, were among the projects El Molla pitched to […]

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New 150 MW power plant inaugurated at Ethydco complex

Posted: July 8, 2017 at 5:38 pm   /   Electricity & Power

A new 150MW power plant was inaugurated at the complex of the Egyptian Ethylene and Derivatives Company (ETHYDCO) Thursday, at a cost of $98 million. The power plant was built by the Engineering Co. for Petroleum and Process Industries (ENPPI) and the Egyptian Maintenance Company (EMC – Sun Misr), Minister of Petroleum Tarek El-Molla said […]

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Egypt to increase gas production up to 50% by mid-2018

Posted: January 28, 2017 at 12:07 pm   /   Oil & Gas

Egypt’s Petroleum Minister Tarek El-Molla said that Egypt is aiming to increase its natural gas production up to 50 percent by mid-2018, as well as completing the infrastructure development projects of Misr Fertilizers Production Company (MOPCO) and The Egyptian Company for Ethylene Production (ETHYDCO) petrochemicals factories. El-Molla’s statement came during his participation in the Egyptian-British […]

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Ethydco complex successfully produces ethylene and derivatives

Posted: November 14, 2016 at 1:33 pm   /   Oil & Gas

The Ethydco complex has successfully produced and supplied ethylene and derivatives to the domestic market and exported excess, the Oil Ministry announced, according Al Masry Al Youm. The complex also produced polyethylene, which is used in pipelines carrying natural gas, water, and wastewater. The project helps achieve the ministry’s strategy to maximize added value on […]

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Plastribution secures exclusive distribution deal for Ethydco's PE portfolio in UK and Ireland

Posted: August 16, 2016 at 11:48 am   /   Oil & Gas

Plastribution (Ashby / UK) has secured the exclusive distribution rights for Egyptian Ethylene and Derivatives Company’s (Ethydco, Alexandria / Egypt) HDPE, MDPE and LLDPE range in the UK and Ireland. The UK group said “a comprehensive range of materials will be available soon” – although it remains unclear when the first volumes from the Egyptian […]

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El-Molla: Egypt executes 8 petrochemicals projects worth $7.4 bn

Posted: August 15, 2016 at 12:18 pm   /   Oil & Gas

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 […]

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President Sisi inaugurates Ethydco's ethylene production project

Posted: August 14, 2016 at 3:03 pm   /   Oil & Gas

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 […]

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Egypt evaluates 8 state-owned oil companies for IPO or share-issuance

Posted: August 3, 2016 at 12:40 pm   /   Oil & Gas

Egypt’s Ministry of Investment will assess eight state-owned petroleum companies for their suitability for a possible listing on the Egyptian Stock Exchange or share issuances, Petroleum Minister Tarek El Molla told Reuters on Tuesday. The Egyptian presidency announced in January that Egypt would soon offer shares of “successful” state-owned companies and banks on the local […]

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Egyptian Ethylene & Derivatives Company (Ethydco) begins trial run

Posted: July 26, 2016 at 12:39 pm   /   Oil & Gas

The Egyptian Ethylene & Derivatives Company (Ethydco) has begun a trial run ahead of its official launch, Oil Minister Tarek El Molla told Al Masry Al Youm. The USD 1.9 bn project is meant to curb imports of products that require petrochemicals for production inputs, he added. Ethydco has successfully tested the 460k-tonnes annual capacity […]

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Egypt's Ethydco finishes 97% of its $1.9bn ethylene complex

Posted: March 7, 2016 at 8:19 pm   /   Oil & Gas

Egyptian Ethylene and Derivatives Company (Ethydco) has finished 97.2 percent of its petrochemicals complex, Chairman Abd El-Rahman Zeid announced Saturday. The total investment cost of the project is estimated at US$1.9 billion. He made these remarks in his speech during the visit of Petroleum Minister Tarek El-Molla’s visit to the complex. The complex encompass four […]

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