Egypt Develops National Petrochemical Plan through 2040
The Egyptian petrochemicals industry will witness a leap in light of the new projects that are currently being executed with investments estimated at $8 billion.
Petrochemical
Iran Commences Construction of Mahtab Parsian Petrochemical Plant Construction
Iran announced the commencement of building the project of Mahtab Parsian Petrochemical Plant which is implemented by Petrofarhang Petrochemical Holding Company.
Sinopec Begins Establishment of Carbon Capture Project in East China
China Petrochemical Corporation (Sinopec) has started the construction of carbon capture utilization and storage (CCUS) project in east project, the company announced on Monday.
Petrojet Raises Capital to EGP 6 B
Tarek El Molla, Minister of Petroleum and Mineral Resources, has agreed to raise Petrojet’s capital from EGP 3.6 billion to EGP 6 billion.
Egypt To Establish Largest Refinery Complex in Al-Sokhna
Prime Minister Mostafa Madbouly witnessed the signature of land allocation contract for establishing the largest refinery and petrochemical complex in Ail Al-Sokhna at the Suez Canal economic zone (SCZONE) with investments worth $7.5 billion.
Egypt to Establish a $100 MM Bioethanol Company
Egypt will implement the Egyptian company for bioethanol to be established on the land of the Egyptian Petrochemical Holding Company (ECHEM) in Damietta Port with about $ 100 million, the press release stated.
Qatar Petroleum Announces Integration of SEEF
State run Qatar petroleum (QP) has announced the successful integration of Petrochemical company SEEF Limited (SEEF).
Midor Refines 9.3 MMBBL of Crude in Q1 2020
Middle East Oil Refinery (Midor) has refined approximately 9.3 million barrels (mmbbl) of domestic and imported crude oil in Q1 2020.
Saudi Arabia Announces $2 B Petrochemical Deals
The Saudi Arabian General Investment Authority (SAGIA) announced a number of new petrochemical investments worth more than $2 billion.
Egypt, Germany to Discuss Petrochemical Projects
Egypt discusses cooperation with German technological companies to develop petrochemical and refining complexes.
