petrochemicals

Vietnamese factory producing 300K tons of filler masterbatch inaugurated in Egypt

Wed, 17 Jan 2024 - 03:41 GMT

Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba inaugurated Wednesday the first 100-percent Vietnamese investment in Egypt.

Ministry of Petroleum announces $9B investment towards oil refining and petrochemical projects

Mon, 03 Jul 2023 - 02:34 GMT

In an official statement, the ministry highlighted the implementation of projects in Alexandria, Assiut, and Suez, with an estimated investment of $7.50 billion

64 industrial projects launched within Egypt's 'Start' initiative

Sun, 30 Oct 2022 - 02:05 GMT

Member of "Start" initiative Aya Hossam El Din stated in a TV interview Saturday that the number of industrial projects launched within the initiative is 64.

Egyptian president urges state-owned companies to partner up with private sector to eradicate mismanagement

Tue, 28 Dec 2021 - 03:01 GMT

The president statements' came during the inauguration of new Aswan’s Urea and Ammonia Plant.

Egypt, S. Korea probe boosting coop. in petrochemicals domain

Mon, 16 Nov 2020 - 10:31 GMT

The meeting reviewed the activities of GS Engineering and Construction Company (GS E&C), which participated in the establishment of the Egyptian Refining Company (ERC)'s refinery in Mostorod.

Methanol derivatives production plant in Egypt's Damietta to enter service in 2022: sources

Fri, 11 Sep 2020 - 12:20 GMT

The construction works in the project - worth $117 million - have begun.

Egyptian official urges local gas producers to reduce price of 1M kWh units for fertilizer producers

Tue, 08 Sep 2020 - 12:24 GMT

Mostafa clarified on Tuesday that such step would decrease the production cost of each ton of fertilizers by LE500.

Ministry discloses updated Egyptian petrochemicals plan 2020-2035

Mon, 25 May 2020 - 04:06 GMT

The Ministry of Petroleum disclosed on Monday the updated version of the National Plan for Petrochemical Industries taking place between 2020 and 2035.

Egypt to build 1st polybutadiene rubber factory in Africa

Tue, 04 Jun 2019 - 03:38 GMT

Worth $150, the factory million will be built by a consortium of Petrojet and Saipem.

Egypt implements 6 petrochemical projects with investments of $2B

Wed, 19 Sep 2018 - 09:08 GMT

This came during the General Assembly of the Egyptian Holding Company for Petrochemicals to approve the results of fiscal year 2017/2018.

Egypt inks contract to establish largest petrochemicals complex in ME

Fri, 29 Jun 2018 - 02:31 GMT

The petrochemical complex will be built at a cost of $10.9 billion in investments in the economic zone at the Suez Canal, the statement said.

Japan’s Toyota Tsusho explores investment in Egypt’s petrochemical sector

Tue, 01 May 2018 - 09:50 GMT

apan’s Toyota Tsusho Corporation discussed on Tuesday increasing its investments in Egypt in the refining and petrochemicals fields.

Japan’s Toyota Tsusho explores investment in Egypt’s petrochemical sector

Tue, 01 May 2018 - 09:50 GMT

apan’s Toyota Tsusho Corporation discussed on Tuesday increasing its investments in Egypt in the refining and petrochemicals fields.

Middle East emerges as possible energy winner in US-China spat

Sun, 08 Apr 2018 - 02:20 GMT

Buyers in China may look elsewhere for alternatives to pricier U.S. supplies.

Power China, Methanex companies discuss investment opportunities in Egypt

Sun, 18 Mar 2018 - 12:13 GMT

Petroleum Minister Tarek el-Molla discussed with the chairmen of both companies investment opportunities Egypt.

Egypt, Japan to set up refineries complex in Suez

Sun, 11 Mar 2018 - 11:36 GMT

Petroleum Minister Tarek el-Molla discussed with Japanese company Toyota on Sunday an initial study to establish a refineries complex in Suez governorate.

Egypt to expand petrochemical projects: Min.

Wed, 28 Feb 2018 - 03:03 GMT

Egypt will see an expansion in petrochemicals projects over the coming period, Petroleum Minister Tarek el-Molla said Wednesday.

Egypt, Japan discuss boosting cooperation

Sat, 10 Feb 2018 - 02:54 GMT

Petroleum Minister Tarek el-Molla discussed with Japan's Parliamentary Vice-Minister of Economy Trade and Industry boosting cooperation in oil industry.

Business News Wrap-up

Thu, 11 Jan 2018 - 05:00 GMT

A wrap-up of the most prominent business news of the day

Egypt's chemicals sector to boom on more projects underway

Sun, 26 Nov 2017 - 03:01 GMT

Total investments in the chemicals sector reached a total value of $36 billion.

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