Sidpec | Egypt Oil & Gas

MoPMR Renovates 100 Houses in Alexandria

The Ministry of Petroleum and Mineral Resources (MoPMR) has completed the renovation and delivery of 100 households in the villages of Abu Simbel and Karnak in the Nahda area in Amriya, Alexandria Governorate.

Al-Mashat, UN Egypt Resident Coordinator Initiate Solar Panels Project at SIDPEC

In continuation of the activities organized within Partnership Week between Egypt and the United Nations (UN) in Egypt, Rania Al-Mashat, Minister of International Cooperation, and Elena Panova, Resident Coordinato ...

Sidpec Considers Acquisition of Ethydco

Sidi Kerir Petrochemicals (Sidpec) has announced that the company is exploring the full acquisition of the Egyptian Ethylene and Derivatives Company (Ethydco).

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.

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