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.
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 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 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.
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.
Suez Petroleum Services Company (SUPSC) has signed a memorandum with Arab Petroleum Investments Corporation (Apicorp) for funding a methanol derivatives project.
Egypt's Sidi Kerir Petrochemicals Company (Sidpec) has obtained a license from W.R. Grace & Co. to use its UNIPOL PP Process Technology.
Sidi Kerir Petrochemicals Company (Sidpec) held a board meeting to discuss acquiring one of the Egyptian chemicals' companies.
Sidi Kerir Petrochemicals Company (Sidpec) and UOP International signed a contract for establishing the new propylene factory at Sidpec.
German industrial company Thyssenkrupp will work on five new petrochemical projects in collaboration with Egyptian companies.
The new propylene and polypropylene factories owned by Sidi Kerir Petrochemicals Company (Sidpec) will start production by 2022.