Petromaint company announced that it has successfully implemented and delivered the project of designing, supplying, installation and operation of the fifth polymerization reactor (PVC) at Egyptian Petrochemicals Holding Company (ECHEM) to increase its production capacity of PVC by 20,000 tons per year with costs estimated at EUR 12 million.
The company added in a statement that after this project, ECHEM’s annual production of PVC will reach 100,000 tons with Egyptian hands which comes as part of the Ministry of Petroleum and Mineral Resources’ (MoPMR) directions towards maximizing the added-value of the local production, providing foreign currency, and overcoming the challenges which faced the project during the past period due to the volatility of the global economy.
It is worth noting that the trial operation of the project was started and the reactor entered production at production rates that exceeded the planned, with excellent operating conditions, ideal reaction performance, and at a time period for the reaction phase better than expectation.