Petrochemicals: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account
Products and vendors Services and providers Jobs

Petrochemical Complex in Suez Gulf

Source: www.gulfoilandgas.com 6/13/2012, Location: Africa

Share |

In a sign of new hope for the investment climate was launched a new project for Petrochemicals which is the project of “El Tahrir” company , this project is basedon the establishment of a petrochemical complex in the industrial zone of northwest of Suez Gulf, with a total investment cost of U.S. $ 3.7 billion.

Osama Saleh, chairman of the general Authority of Investment and Free zones(GAFI) said during the meeting held by the investing company yesterday in Washington, that despite the effects witnessed by the Egyptian economy generally, and the investment climate in particular, during the past months, following the revolution of January 25 and the direction of Egypt towards the democratic transformation, the petrochemical industry has survived and continued to implement the planned projects in Egypt according to their planned time program.

For his part, “Basil El-Baz”, Chairman of the Egyptian Company for hydrocarbons, assure that the project to be constructed on an area of 2 million square meters consists of unit naphtha cracker according to international specifications with annual production 5.3 million tons, which is the output of the cracker manufacturing various products of the petrochemical approach for local consumption and export, annual production capacity of 3.1 million tons of polyethylene, 662 thousand tons of polypropylene, as well as 414 thousand tons of benzene ring, and 214 thousand tons of butadiene.

It is expected that the volume of labor for the project during the construction phase of approximately 20 thousand employees in addition to 100 thousand indirect employment.

Petrochemicals News in Egypt >>

SIBUR & Air Products Sign Papers to Build Gas Production Unit
  Russia >>  12/16/2014 - SIBUR-Khimprom (a subsidiary of SIBUR Holding) and Air Products have entered into an agreement to build a new air separation unit in Perm and to suppl...
BASF Builds New Chemical Catalysts Manufacturing Plant in Shanghai
  China >>  12/10/2014 - BASF is further strengthening its manufacturing footprint in Asia Pacific with a new, world-scale chemical catalysts production facility at the compan...

Six Petrochemical Complexes to be Built by 2020
  Algeria >>  12/8/2014 - Six (6) petrochemical complex will be built by Sonatrach in 2020, as part of the revival of the processing industry in Algeria, the planning director ...
Saudi Arabia's Petrochemicals Fall Further
  Saudi Arabia >>  12/8/2014 - Saudi Arabia's bourse edged down in early trade on Monday as petrochemicals once again weighed on the market after negative news and a fresh decline i...

Lubrizol Launches New Non-Halogen Flame Retardant TPU Products
  United States >>  12/8/2014 - Lubrizol Engineered Polymers announces the launch of recently developed innovative thermoplastic polyurethane (TPU) products: Estane® ZHF 85AB3, Estan...
Gazprom Neft Reviews Refineries Modernisation Programme & Company Procurement Structure
  Russia >>  11/28/2014 - The Board of Directors of Gazprom Neft has reviewed information on the progress of the modernisation of the company’s oil refining facilities, and the...



Related Categories: Agents, Anti-foaming  Aromatic Solvents  Butene  Cleaning  Corrosion Inhibiting  Crude Oil  Diesel Fuel  Ethylene  Fluids Drilling, Completion, Workover & Stimulation  Fluids/Chemicals  Fracturing Sand  Fuel oil  Gasoline (Lead free)  General  Grout  Jet fuel  Kerosene. Domestic use  Lubricants, Oils & Greases  Nitrogen  Oil Treating & Refining  Polyethylene  Polyvinyl chloride  Propane  Sand, Sandblast  Summer Diesel  Surfactants 

Related Articles: Aromatic Solvents  Butene  Cleaning  Corrosion Inhibiting  Crude Oil  Diesel Fuel  Ethylene  Fluids Drilling, Completion, Workover & Stimulation  Fluids/Chemicals  Fracturing Sand  Fuel oil  Gasoline (Lead free)  General  Jet fuel  Kerosene. Domestic use  Lubricants, Oils & Greases  Nitrogen  Oil Treating & Refining  Polyethylene  Polyvinyl chloride  Propane  Sand, Sandblast  Surfactants 


Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 |

More News

Oil & Gas Projects in Egypt >>

Oil & Gas Companies in Egypt >>

Related Links

Countries Quick Links

AO BJ CD CG CI CM DZ EG ET GA GH GN GQ KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO TD TN TZ UG ZA ZM
Gulf Oil and Gas B2B marketplace:   About -  Advertising -  Competitive Intelligence -  Talent Solutions -  Membership Services Follow us on Facebook
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed