Sidpec’s Profits Bounces Back with EGP 151.7 mm in Q1 2021
Sidi Kerir Petrochemicals (Sidpec) has earned a net income of EGP 151.7 mn in Q1 2021 against a net loss of about EGP 31.3 million in Q1 2020, according to a press release.
Sidi Kerir Petrochemicals (Sidpec) has earned a net income of EGP 151.7 mn in Q1 2021 against a net loss of about EGP 31.3 million in Q1 2020, according to a press release.
Tarek El Molla, Minister of Petroleum and Mineral Resources, reviewed the $2.3 billion Midor refinery expansion in Alexandria which aims to increase its current refining capacity by 60%.
The Prime Minster, Mostafa Madbouly announced that the investments of petroleum sector reached to EGP1.16 trillion during the past six years.
The Minister of Petroleum and Mineral Resources, announced that Egypt will achieve self-sufficiency of petroleum products especially octane by 2023.
This came during the Minister of Petroleum and Mineral Resources, Tarek El Molla, visit with several official leaders in the petroleum sector to a number of refining projects in Alexandria in which he reviewed the ...
The Ministry of Petroleum invests one trillion Egyptian pounds in the Oil and Gas production projects and EGP 460 billion in petrochemicals and refining projects.
Alexandria National Refine & Petrochemical Company (ANRPC) has completed a new $219 million project that will increase the company's production of 92-octane benzene and 95-octane benzene to 700,000 tons per year.
Alexandria National Refining and Petrochemicals Company (ANRPC) is starting the pilot operation of its refining project and will start production next month.
German industrial company Thyssenkrupp will work on five new petrochemical projects in collaboration with Egyptian companies.
Alexandria National Refining and Petrochemicals Company (ANRPC) has finished 97% of the refinery project that will double the national production of 92-octane benzene and 95-octane benzene.