The Egyptian Petrochemicals Holding Company (ECHEM) produced around 4.6 million tons of petrochemical products and recorded $2.6 billion in revenues during fiscal year (FY) 2025/26, as exports reached markets across 50 countries.

Karim Badawi, Minister of Petroleum and Mineral Resources, reviewed the results during ECHEM’s general assembly and directed the company to prepare a five-year petrochemicals plan aligned with Egypt’s targets to increase oil and gas production.

Badawi said the plan should also account for Egypt’s efforts to strengthen its role as a regional gas hub, particularly plans to connect Cypriot gas fields to Egyptian infrastructure, which could provide additional feedstock for the petrochemical industry.

ECHEM Chairman Alaa El-Din Abdelfattah said exports reached $1.8 billion during FY 2025/26, including shipments to new markets in Spain, Brazil, Cyprus, Romania and Slovenia. Domestic sales totaled $742 million.

The company generated around $1.6 billion in added value by processing natural gas and petroleum derivatives into petrochemical products, Abdelfattah said.

ECHEM is implementing eight projects through 2030 to localize 20 new products, targeting annual production capacity of 6.5 million tons. The projects require $10 billion in investments and are expected to generate $7 billion in annual revenues.

In March, ECHEM outlined an earlier five-year program comprising 10 projects to localize more than 20 petrochemical products, with planned investments of around $11 billion and targeted capacity of 7.5 million tons.

At the time, ECHEM said its production had reached around 4.2 million tons in 2025, with exports reaching more than 50 countries, as improved natural gas availability supported output for domestic and export markets.