Ethydco To Establish Ploybutadiene Project Worth $180 Million
The CEO of Ethydco Company, Abdel Mageed Heagazy, said that his company is planning to establish the first project in Egypt to produce polybutadiene with investment costs $180 million.
The CEO of Ethydco Company, Abdel Mageed Heagazy, said that his company is planning to establish the first project in Egypt to produce polybutadiene with investment costs $180 million.
Ethydco achieved targeted production last year, covering local demand and increasing exports.
German industrial company Thyssenkrupp will work on five new petrochemical projects in collaboration with Egyptian companies.
The Egyptian Ethylene and Derivatives Company (Ethydco) sold 351,000 tons of polyethylene in 2017, 89,000 tons of which were sold in local markets.
The Egyptian Ethylene and Derivatives Company (ETHYDCO) plans to build a $100-million polybutadiene rubbers factors.