Sidi Kerir Petrochemicals company (Sidpec) | Egypt Oil & Gas

SIDPEC Revenues Grow by 4.8 % in Q1 2026

Sidi Kerir Petrochemicals Company (SIDPEC) reported a 4.87% increase in revenues in the first quarter (Q1) of 2026  to EGP 3.788 billion. Meanwhile, the company posted a 68.65% year-on-year (YoY) decrease in net profi...

Sidpec to Inject EGP 5.6 Bn in Strategic 2026 Investment Budget

Sidi Kerir Petrochemicals Company (Sidpec) approves the allocation of EGP 5.68 billion for new investments and affiliated company partnerships. This financial roadmap was unveiled in a disclosure to the Egyptian Excha...

Badawi Appoints New Chairmen for Sidpec, ELAB

Karim Badawi, Minister of Petroleum and Mineral Resources, has appointed new chairmen for Sidi Kerir Petrochemicals Company (Sidpec) and the Egyptian Linear Alkyl Benzene Company (ELAB). Ayman Hamdy Hussein El-Garem h...

SIDPEC Increases Capital by 25% to EGP 2.27Bn

Sidi Kerir Petrochemicals Company (SIDPEC) raised its issued and paid-in capital from EGP 1.814 billion to EGP 2.268 billion, almost a 25 per cent hike, according to the decision taken by its extraordinary general ass...

SIDPEC Net profits Surge to EGP 2.5B in 2024 Despite Global Challenges

Sidi Kerir Petrochemicals Company (SIDPEC) achieved a net profit of EGP 2.539 billion in 2024, a 3% increase from 2023, driven by strong financial performance and sustainable growth despite global challenges. The Comp...

Sidpec Launches “Your Safety Matters to Us” Initiative to Enhance Occupational Safety in Alexandria

As part of the Presidential Initiative “A New Beginning for Human Building,” Sidi Kerir Petrochemicals Company (Sidpec) launched the “Your Safety Matters to Us” initiative. This initiative aims to promote ...

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...

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 Propylene, Polypropylene Factories to Start Production in 2022

The new propylene and polypropylene factories owned by Sidi Kerir Petrochemicals Company (Sidpec) will start production by 2022, Egypt Oil & Gas reports. They will produce 500,000 tons of propylene and 450,000 ton...

Sidpec Starts Operations at New Unit

Sidi Kerir Petrochemicals Company (Sidpec) has started operations at a new unit aimed to remove bottlenecks from the Ethylene factory to operate at full capacity, with $27 million investment costs, Egypt Oil & Gas...

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