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