ECHEM | Egypt Oil & Gas - Part 5

El Molla Issues New Promotions

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new transfers and promotions.

Sidpec Expansion to Be Implemented over Two Phases

ECHEM announced that Sidi Kerir “Sidpec” expansion in Alexandria will be implemented over two phases with $1.7 billion investments.

Polybutadiene Factory Proposed

The Egyptian Ethylene and Derivatives Company (ETHYDCO) plans to build a $100-million polybutadiene rubbers factors.

Bechtel Looks to Step Up Activity in Egypt

Bechtel is interested in increasing its investments in Egypt’s oil and gas sector, the company’s CEO, Brendan Bechtel, said during a meeting with the Egyptian officials.

ECHEM Revenues Reach EGP 1.141B

The Egyptian Petrochemicals Holding Company (ECHEM) increased its revenues in fiscal year (FY) 2016/2017 to EGP 1.141 billion, a 56.6% increase from FY 2015/2016.

Sidpec at Full Capacity Despite Fire

Production units at Sidi Kerir Petrochemicals (Sidpec) are running at full capacity despite a fire that broke out in one of the refrigerating compressors at the company's ethylene-producing factory.

Egypt Boosts Petrochemicals and Fuel Production

Egyptian oil and gas sector is aiming to boost petrochemical production and petroleum products to 40 million tons during FY 2017/2018.

El Molla Visits Ethydco’s Petrochemical Complex

The complex is covering the local market needs of polyethylene and exporting the remaining to secure dollars.

El Molla in Talks with Dow

El Molla received Dow’s President for the India, Middle East, Africa and Turkey (IMEAT) region, Jim McIlvenny.

El Molla Met with GACIC’s Delegation

El Molla met with German-Arab Chamber of Industry and Commerce's delegation.

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