El Molla Issues New Promotions
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new transfers and promotions.
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new transfers and promotions.
ECHEM announced that Sidi Kerir “Sidpec” expansion in Alexandria will be implemented over two phases with $1.7 billion investments.
The Egyptian Ethylene and Derivatives Company (ETHYDCO) plans to build a $100-million polybutadiene rubbers factors.
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.
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.
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.