Petrochemicals | Egypt Oil & Gas

Badawi Engages Global Investment Banks to Accelerate Investments

Karim Badawi, Minister of Petroleum and Mineral Resources, presented the latest reforms, incentives, and opportunities within the petroleum and mining sectors during a roundtable meeting with a group of Internatio ...

GAFI, DrasChem Discuss $200 Mn Sodium Cyanide Plant at Sidi Kerir Petrochemicals Complex

Mohamed El-Gawsaky, CEO of the General Authority for Investment and Free Zones (GAFI) met with a delegation from DrasChem Specialized Chemicals company to discuss steps for establishing a sodium cyanide productio ...

ASP Secures $140 Mn Financing for Silicon Metal Complex Following Golden License Grant

Alamein for Silicon Products Company (ASP) has signed a long-term joint financing agreement worth $140 million to launch the first phase of the Silicon Metal Production and Derivatives Complex. Established under t ...

SCZONE Secures $10 Mn Deal for New Formaldehyde Complex

The Main Development Company (MDC) has signed $10 million deal with Al-Ahram Chemicals and Resins and Derivatives Company to establish a new industrial complex for producing Formaldehyde and its derivatives in the ...

ExxonMobil to Shut Singapore Steam Cracker by June 2026

ExxonMobil plans to permanently shut down the older of its two steam crackers on Singapore's Jurong Island, with closure beginning in March and full shutdown expected by June, Reuters reported, citing four sources ...

Badawi Boasts Sector Achievements on National Petroleum Day

Minister of Petroleum and Mineral Resources Karim Badawi announced a series of major sector achievements while celebrating the Golden Jubilee of National Petroleum Day, according to a statement by the ministry .

Egypt, India Discuss Cooperation in Petrochemicals, Mining

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Jagat Prakash Nadda, India’s Minister of Health, Chemicals, and Fertilizers; Suresh K. Reddy, India’s Ambassador to Egypt; and a delegation of In ...

US Delegation Explores Investment Opportunities in Egypt’s Energy Sector

As part of efforts to strengthen Egyptian-American investment relations, Karim Badawi, Minister of Petroleum and Mineral Resources, received a delegation from the US International Development Finance Corporation ( ...

Gas Production Rates Boosted by Joint Efforts with Partners: Badawi

The joint efforts exerted by Egypt’s Ministry of Petroleum and Mineral Resources, in cooperation with foreign partners in the energy sector, have boosted natural gas production rates and ushered back a high-output ...

Egypt, China Advance Major Petrochemical Project in SCZONE

An unbinding framework agreement was signed in the Chinese capital, Beijing, between the Red Sea National Petrochemicals Company and the China National Chemical Engineering Company (CNCEC), for the implementation ...

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