Sidpec | Egypt Oil & Gas

SIDPEC Considers Establishing Polylactic Acid Plant

Sidi Kerir Petrochemical Company (SIDPEC)’s Chairman, Mohamed Ibrahim, said that the company is currently studying the project of establishing a new plant to produce polylactic acid as a strategic and environmenta ...

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.

Sidpec Starts Phase 2 of SER Project

Sidi Kerir Petrochemicals Company (Sidpec) started Phase 2 of its Strategic Energy Review (SER) Project with KBC, a Yokogawa Company, on March 14, 2021.

SIDPEC Buys Land for $1.2 B Expansion Project

SIDPEC signed a final contract with Alex Fiber to acquire a land lot, which it will use to construct a $1.2 billion expansion project to produce propylene and polypropylene.

El Molla Reviews SIDPEC’s Development Work

El Kasaby announced that work is ongoing in the $1.2 billion worth propylene derivatives complex' expansion project, to produce 500,000 tons of propylene and 450,000 tons of polypropylene.

Egyptian Banks to Finance 70% of Sidpec Propylene Factory

The company's management will take the necessary procedures to negotiate with financing institutions to obtain loans with the best possible terms and conditions to decrease equities' share in the financing.

SUPSC, Apicorp Sign Methanol Project Contract

Suez Petroleum Services Company (SUPSC) has signed a memorandum with Arab Petroleum Investments Corporation (Apicorp) for funding a methanol derivatives project.

Sidpec Obtains Technology License from Grace Company

Egypt's Sidi Kerir Petrochemicals Company (Sidpec) has obtained a license from W.R. Grace & Co. to use its UNIPOL PP Process Technology.

Sidpec Seeks Acquiring a Chemical Company

Sidi Kerir Petrochemicals Company (Sidpec) held a board meeting to discuss acquiring one of the Egyptian chemicals' companies.

Sidpec Signs Propylene Factory Contract

Sidi Kerir Petrochemicals Company (Sidpec) and UOP International signed a contract for establishing the new propylene factory at Sidpec.

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