Carbon Holdings Sign MoU with Logistics Company Agility

Carbon Holdings Sign MoU with Logistics Company Agility

Agility Global Integrated Logistics has inked a memorandum of understanding (MoU) with Carbon Holdings to manage its logistics, Egypt Oil & Gas reports.

Under the MoU, Agility will transport plastic byproducts within Egypt and abroad, and handle the distribution of chemical compounds.

The MoU also includes the construction of the new five-million-square-meter Tahrir Petrochemicals Complex (TPC), which is expected to be the largest single-train naphtha cracker in the world and will be strategically located in the Suez Canal Economic Zone in Ain Sokhna.

TPC will consist of a derivatives unit, three polyethylene units, three polypropylene units, and associated facilities including a co-generation plant and water desalination plant.

The complex is also expected to produce approximately 4 million tons of product per year, and will be the first of its kind in the Middle East and Africa.

“Having handled over 1,000 mega-projects globally, our specialists are well-versed in the demands of high-value, turnkey projects and have extensive capabilities in global project logistics, fuel logistics and remote-site services,” Elias Monem, CEO of Agility Middle East and Africa, said.


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