Ethylene | Egypt Oil & Gas

ETHYDCO Produces 274,000 Tons of Ethylene in 2021

The Egyptian Ethylene and Derivatives Company (ETHYDCO) held a general assembly meeting to approve its 2021 business results, as the company’s petrochemical production complex in Alexandria, which was inaugurated by P...

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. Net sales jumped by 38% compared to Q1 2020,...

Iran Plans to Increase Annual Propylene Output to 3 MM Tonnes 

Iran’s propylene output is set to reach 3 million tonnes per annum after the completion of the country’s new projects, which will be finished by 2025, according to NIPNA. There is a national deficit regarding Propylen...

Petroleum Exports Amount to $2.652 B in Q2 2019/20

Egypt’s total exports of fuel, mineral oils, and their products have amounted to about $2.652 billion in  Q2 2019/20, according to the Central Bank of Egypt (CBE).  CBE has reported a decline in Egyptian exports...

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, according to a press release. He...

SIDPEC Reaches Highest Polyethylene Production Since 2014

Sidi Kerir Petrochemicals (SIDPEC) has achieved its highest Polyethylene production rate since 2014, according to Mosaad Al Kasaby, Sidi Kerir Petrochemicals (SIDPEC) Chairman, Al Ahram reported. Al Kasaby stated that...

Sidpec Fire Not to Affect Production

The fire that broke out on July 10 during the implementation of the annual maintenance procedures in the ethylene production unit 501 at Sidi Kerir Petrochemicals (Sidpec) has been controlled and will not affect produ...

Ethydco Produced Ethylene

The Egyptian Petrochemicals Holding Company (ECHEM)’s CEO, Mohamed Safaan, reported to the Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, that the Ethydco complex has successfully produced...

Ethydco to Export 70% of Polyethylene

In an effort to increase USD influx, Sidi Keriri Petrochemicals Company (Sidpec) intends to export 70% of its polyethylene that is produced at its new Ethydco facility, in cooperation with the Egyptian Natural Gas Com...

Sisi Launches $1.9b Petrochemical Complex

Egyptian President Abdel Fattah El Sisi  launched the petrochemicals complex of Egyptian Ethylene and Derivatives Company (Ethydco) in Alexandria in mid August with a total investment of $1.9b. The complex is set to o...

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