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Tag: Petrochemicals
Rig

Gas investments in MENA region jump by 29% despite demand shock

Posted: October 17, 2020 at 7:16 pm   /   Oil & Gas

The Arab Petroleum Investments Corporation’s report shows the MENA region’s committed gas investments are set to “hold steady” while planned gas investments are set to reach $126bn this year Planned gas investments in the Middle East and North Africa (MENA) in 2020 have jumped by 29% compared to last year despite the historic global demand […]

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ERC

President Sisi inaugurates ERC’s new Mostorod Petrochemical Refinery

Posted: September 28, 2020 at 1:06 pm   /   Oil & Gas

Egyptian Refinery Company’s Mostorod petrochem refinery is inaugurated: Qalaa Holdings subsidiary Egyptian Refining Company’s (ERC) USD 4.3 bn facility in Mostorod was inaugurated yesterday by President Abdel Fattah El Sisi. As the largest private sector project of its kind in Africa, the refinery will produce each year some 2.3 mn tonnes of diesel fuel and […]

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Siemens Ethydco

Siemens signs long-term service contract with Ethydco petchem plant in Egypt

Posted: August 16, 2020 at 8:59 pm   /   Oil & Gas

Siemens Energy provides long-term servicing for one of Africa’s largest petrochemical plants in Egypt Siemens Energy provides 10 year Preventive Service contract Underlines capabilities of Siemens Energy in supporting the petrochemical and downstream sectors Project will improve reliability and availability at the industrial complex in Egypt  Siemens Energy has signed a long-term preventive maintenance contract […]

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ECHEM Bechtel

Egypt inks agreement with Bechtel for $6.7 bn petchem, refinery complex

Posted: February 12, 2020 at 11:37 am   /   Oil & Gas

ECHEM inks agreement with Bechtel for USD 6.7 bn petchem, refinery complex: The Egyptian Petrochemicals Holding Company (ECHEM) yesterday signed an agreement with Bechtel to establish a USD 6.7 bn petrochemical plant and refinery in the Suez Canal Economic Zone, according to an official statement. The agreement, signed on the opening day of the Egypt […]

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Petrochemicals

President Sisi urges modernization of Egypt’s petrochemical industry

Posted: February 4, 2020 at 3:43 pm   /   Oil & Gas

President Sisi urged maximizing the economic benefits of Egypt’s natural resources to serve the country’s goal to become a regional trading hub for oil and natural gas. President Abdel Fattah El Sisi urged the government to continue upgrading the petroleum sector by improving Egypt’s value-added petrochemical industry to cope with sequential changes in the global […]

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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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