Minister of Petroleum and Mineral Resources Karim Badawi said that the ministry is working to fully utilize petrochemical production capacities and explore expansion opportunities to increase added value, cut import costs, boost exports, and support the economy. His remarks came during inspection tours of petrochemical production complexes in Alexandria Governorate.

He noted that the ministry’s efforts to secure gas infrastructure and regasification vessels have supported plant operations, raised output, and ensured the optimal use of gas. He added that the incentives introduced by the ministry to encourage partners to invest and expand production are also bearing fruit.

The Minister also stressed the importance of having a clear vision for the economic utilization of derivative-rich gas as the main feedstock for the petrochemicals industry. This contributes to the efforts to stimulate partner investments to increase local production of this type of gas and direct it towards value-added industries instead of traditional uses.

During the inspection tour, Badawi visited the ethylene and polyethylene production plants at Sidi Kerir Petrochemicals Company (SIDPEC). Polyethylene is one of the essential raw materials used in various industries such as construction, gas, water and sewage pipes, packaging, medical supplies, and others.

He further inspected the facilities of the Egyptian Linear Alkyl Benzene Company (ELAB), which produces linear alkyl benzene (LAB)— a key raw material for manufacturing detergents. The company meets all local market demand and exports the surplus.

Minister Badawi also reviewed ELAB’s project to increase the storage capacity for its products. This project will provide flexibility in addressing challenges related to price fluctuations and global supply chains.