Petrochemical industry | Egypt Oil & Gas

SIDPEC to Boost Capital by EGP 301.4 Million, Backed by FY 2023 Profits

During the general assembly, Mohamed Ibrahim, the Chairman of Sidi Kerir Petrochemicals Company (SIDPEC), presented a proposal to increase the company’s capital by EGP 301.4 million, from EGP 1.512 billion to EG...

Local Petrochemical Production Reaches 4.3M Tons in FY 2021/22

Minister of Petroleum and Mineral Resources Tarek El Molla said that the local production from the petrochemical industry reached 4.3 million tons at the end of the fiscal year (FY) 2021/22 compared to 2.1 million ton...

El Molla Follows Up on Latest Petrochemical Sector Developments

Minister of Petroleum and Mineral Resources Tarek El Molla confirmed that there is an ambition to support the petrochemical industry during the coming period as an added value industry that can positively reflect on t...

Egypt’s Petrochemicals Production Exceeds 4 M Tons in 2020/21

The production rate of Egypt’s petrochemicals industry exceeded 4 million tons in fiscal year (FY) 2020/21, the Egyptian Petrochemicals Holding Company (ECHEM)’s Chairman Saad Helal said. The increase in product...

Mabdouly Breaks Ground on 1st Petrochemical Complex in El-Sokhna

Prime Minister, Mostafa Madbouly, has laid the foundation stone of the first petrochemical industrial complex at the Suez Canal economic zone (SCZONE) in Ain El-Sokhna. The project, which will cost $7.5 billion, is a ...

Iraq, Saudi Keen on Future Energy Projects

Iraq’s Minister of Oil, Ihssan Abdul-Jabar, confirmed that the Kingdom of Saudi Arabia and Iraq are keen to strengthen energy ties with regard to gas and electricity projects, according to Shafaq. This announcement co...

Natural Gas-Based Industries to Work by Free Zone System

The Economic Ministerial Committee has agreed to proceed with the necessary legislative amendments to allow licensing of projects of natural gas-based industries to work according to Free Zones regulations, the Cabine...

ECHEM Puts New Projects as Top Priority for FY 2020/21

The Chairman of Egyptian Petrochemicals Holding Company (ECHEM), Saad Helaly, said that his company is putting the implementation of new projects as the number one priority in fiscal year (FY) 2020/2021, which comes i...

Oman’s Orpic to Raise Polypropylene Capacity

Oman Refineries and Petroleum Industries Company (Orpic) is planning to increase the capacity of its polypropylene plant from 200,000 tons/y to 340,000 tons/y, Times of Oman reported. The Orpic plant is part of the Om...

Oman Enhances its Gas Recovery from Old Fields

WEG, a leading global manufacturer of motor and drive technology has developed variable speed drive systems to help with extraction activities from some of Oman’s older gas fields where the natural pressure is beginni...

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