Honeywell Process Solutions (HPS) announced, on Tuesday, that its technology has been selected by Sidi Kerir Petrochemicals Company (SIDPEC) in the upgrade of the latter’s production capabilities at its Alexandria petrochemical complex. SIDPEC’s facilities in Egypt’s second city and largest port produces ethylene and polyethylene for the Egyptian market. In a press statement, Honeywell said …
Latest in Tag: petrochemicals Highlight
Latest in Tag: petrochemicals
According to the agreement, the ECHEM will conduct a detailed feasibility study for this giant project in cooperation with a global consultant. Bechtel will provide the necessary financing from banks and international financial institutions.
Total investments of new projects company currently developing is $12.5bn
Petrochemical revenues increased by EGP 646m this year: El-Mulla
Project currently under construction with investments valued at $ 1.9bn
Russia is preparing technology with the World Bank to implement the ‘one-stop shop’ investment window system
The Polyester Producing Company, subsidiary of the Egyptian Petrochemicals Holding Company, exports 270,000 tonnes per year of polyethylene terephthalate (PET) while 150,000 tonnes of the product are provided to the local market, according to an official of Egyptian Petrochemicals Holding Company. He pointed out that the company, operating in an economic zone in the northwest …
The MOPCO 2 project will increase the company’s productive capacity to over 1.2m tonnes annually, and the official noted that with the MOBCO 1 project included in the calculations, total production will exceed 2m tonnes per year.
Rate of establishing new companies in March hits 9-year high, Abdel Nour says
Total wants to boost its refinery and chemicals activities in the Middle East and Asia, where it sees better long-term prospects than in Europe, where competition is pressuring margins.
The coming period will witness an increase in the economic and investment cooperation between India and Egypt, says minister of investment
Some industries are remain considerably profitable despite the deteriorating state of the economy
The Industrial Development Authority (IDA) is conducting negotiations with the Social Fund for Development to provide EGP 1bn to finance petrochemical projects