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Tag: Petrochemicals
Borouge Egypt

Borouge sets up petrochemicals marketing company in Egypt

Posted: January 14, 2020 at 3:33 pm   /   Oil & Gas

Borouge, a UAE petrochemicals company, said that it has set up a new marketing company in Cairo, Egypt to support its MENA growth strategy. The company, which provides plastics solutions, is looking to meet customer requirements in the region and said the new marketing company reflects its strong business relationship with customers in this fast-growing […]

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USTDA

Egypt, USTDA sign $690K deal to fund feasibility study of petchem development

Posted: December 12, 2019 at 3:42 pm   /   Oil & Gas

USTDA Advances Petrochemicals Development in Egypt – Feasibility study will identify essential industrial design. The U.S. Trade and Development Agency today awarded a feasibility study grant to the Egyptian Petrochemicals Holding Company (Echem), for what will be Egypt’s first polyoxymethylene (POM) plant.  Echem will select an American firm to conduct the study. “Today’s announcement of […]

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Carbon Holdings

Interview with Karim Hefzy, Carbon Holdings’ MD of Project Development

Posted: April 10, 2019 at 9:39 am   /   Oil & Gas

How is the Tahrir Petrochemical Complex (TPC) project progressing? When is it expected to come into operation and what will its production capacities be? As we announced in June last year, Tahrir Petrochemical Complex is a circa US$11bn project that will be financed by debt and equity from investors around the world. Since this announcement, […]

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Carbon Holdings

Carbon Holdings sponsors Egypt Petroleum Show EGYPS 2019

Posted: February 10, 2019 at 4:59 pm   /   Oil & Gas

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 […]

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Agility

Agility to manage Logistics for Carbon Holdings

Posted: January 27, 2019 at 12:07 am   /   Oil & Gas

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, […]

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Indorama Ventures

Thailand’s Indorama acquires 50% stake in EIPET from India’s Dhunseri

Posted: June 19, 2018 at 1:42 pm   /   Oil & Gas

Thailand’s Indorama signs acquisition agreement with India’s Dhunseri for EIPET’s Ain Sokhna facility, 50% stake in EIPET: Indorama Netherlands BV, an indirect subsidiary of Thailand’s Indorama Ventures, signed on Thursday an agreement with India’s Dhunseri Petrochem to acquire a chunk of the Egyptian Indian Polyester Company’s (EIPET) polyethylene terephthalate (PET) plant in Ain Sokhna. The […]

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sidpec-uop

Sidpec, Honeywell UOP sign contract for polypropylene plant

Posted: June 17, 2018 at 3:06 pm   /   Oil & Gas

Sidi Kerir Petrochemicals (Sidpec) has signed a licensing agreement with the US-based Honeywell UOP to set up a new polypropylene plant at Sidpec’s complex in Alexandria. The agreement was signed by Sidpec’s chairman Mohamed Abadi and Honeywell UOP’s Middle East general manager James Moshi. This comes as a part of the company’s project to boost […]

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thyssenKrupp

Thyssenkrupp eyes work on 5 refining, petrochemicals projects in Egypt

Posted: June 11, 2018 at 2:23 pm   /   Oil & Gas

Egyptian Petroleum Minister Tarek El-Molla has met with the Chairman of the German-Arab Chamber of Industry and Commerce (GACIC) Ulrich Hermann and representatives of German multinational conglomerate ThyssenKrupp. ThyssenKrupp is willing to collaborate with the Egyptian companies operating in the field of petrochemicals such as Engineering for the Petroleum & Process Industries (Enppi), Petrojet, and […]

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Afreximbank

Afreximbank to lend Egypt $1.5 billion for oil, petrochemical projects

Posted: June 6, 2018 at 1:59 pm   /   Oil & Gas

It is part of $10 billion loans to Africa and covers oil, petrochemicals and other sectors. The African Export-Import Bank (Afreximbank) intends to provide a loan of $1.5 billion to Egypt to fund various projects including oil and petrochemical projects, its President has said. The Cairo-based Bank finances and promotes intra- and extra-African trade. The […]

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Dhunseri

India’s Dhunseri looks for a partner for Egypt joint venture EIPET

Posted: May 27, 2018 at 7:40 pm   /   Oil & Gas

Chandra Kant Dhanuka owned Dhunseri Petrochem is looking to rope in a strategic equity partner for its Egyptian venture. The move follows full repayment of the joint venture Egyptian Indian Polyester Company S.A.E (EIPET) outstanding dues and scaling up its holding to 93 %. The company on Friday said it has paid $ 87 million […]

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