Top 10 petrochemical industry of Egypt
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The petrochemical industry in Egypt is a strategic sector that supports various complementary industries and has a direct impact on the national economy. It plays a crucial role in meeting the growing needs of petrochemical products in different fields, such as paints, rubber, plastics, detergents, textiles, and medicines. The industry has seen significant investments in recent years, with several projects aimed at maximizing the added value of natural resources and raw materials available in Egypt. Egypt's petrochemicals exports surged by 23% to $8.629 billion in 2022, demonstrating the industry's prominence and impact on the Egyptian economy4.
The Egyptian petrochemical industry relies on locally produced natural gas to add value to the country's reserves. The sector represents about 12% of industrial production and generates revenues totaling USD 7 billion, equivalent to nearly 3% of GDP. The government has announced plans to invest around USD 38 billion in developing the petrochemical sector over the next four years.
The industry is expected to witness significant development in the upcoming years, positively impacting exports and contributing to the country's overall economic growth. Despite the challenges posed by the global market, Egypt's petrochemical industry is looking to massive growth in capacity as investors capitalize on the country's abundant upstream gas resources. The Ministry of Petroleum and Mineral Resources has embarked on the implementation of several petrochemical projects across Egypt, with investments in these projects estimated to value about $18 billion.
The Egyptian petrochemical industry relies on locally produced natural gas to add value to the country's reserves. The sector represents about 12% of industrial production and generates revenues totaling USD 7 billion, equivalent to nearly 3% of GDP. The government has announced plans to invest around USD 38 billion in developing the petrochemical sector over the next four years.
The industry is expected to witness significant development in the upcoming years, positively impacting exports and contributing to the country's overall economic growth. Despite the challenges posed by the global market, Egypt's petrochemical industry is looking to massive growth in capacity as investors capitalize on the country's abundant upstream gas resources. The Ministry of Petroleum and Mineral Resources has embarked on the implementation of several petrochemical projects across Egypt, with investments in these projects estimated to value about $18 billion.
| Company | Founded | Company description |
|---|---|---|
| 2011 | An Egyptian joint venture company with the purpose to produce Ethylene, Butadiene & their derivatives (Polyethylene, Poly-Butadiene). | |
| 1994 | Performing the activity of crude oil refining and high-quality petroleum products processing, for domestic and international markets. | |
| 1998 | MOPCO is specialized in the production of urea and ammonia. | |
| 1997 | The company produces high density polyethylene and linear low polyethylene used in film, blow molding and injection plastic applications. | |
| 2005 | One of the largest complexes for Polypropylene manufacturing. | |
| 1967 | The fields of the company's activities are production, buying, selling, exporting and importing final petrochemicals and intermediates. | |
| 2002 | Echem assigned the task of developing a sophisticated Petrochemical industry seeking to place Egypt prominently on the global map of this industry. | |
| 1999 | ANRPC is considered one of the biggest refining companies in Egypt working under the umbrella of Egyptian general petroleum corporation. | |
| 1997 | Alexandria Mineral Oils Company (AMOC) was established in May 1997, as an Egyptian joint stock company. | |
| 1972 | Over fifty years old and the flagship company of The Sanmar Group is a major manufacturer of PVC resins and Chlorochemicals | |
| 1968 | Methanex Corporation is the world’s largest producer and supplier of methanol to major international markets. | |
| 1956 | Factories for production nitrogenous fertilizers and the chemical materials |
Petrochemistry is a branch of chemistry that deals with the transformation of crude oil (petroleum) and natural gas into useful products or raw materials. These sectors are diverse and have a significant impact on various aspects of the economy and everyday life. Here are some of the key sectors within petrochemistry:
Fuels: One of the most well-known sectors, it involves the production of various types of fuels such as gasoline, diesel, jet fuel, and heating oils. This sector is critical for transportation and energy generation.
Plastics Manufacturing: Petrochemicals are essential in the production of plastics. This includes a wide variety of plastics used in packaging, construction, consumer goods, and many other applications.
Pharmaceuticals: Many pharmaceutical products are derived from petrochemicals. These chemicals provide the raw materials for a wide range of drugs and health care products.
Agriculture: Petrochemicals play a key role in agriculture, particularly in the production of fertilizers and pesticides. These chemicals help in increasing crop yields and protecting crops from pests and diseases.
Cosmetics and Detergents: A variety of personal care products, including soaps, detergents, and cosmetics, are manufactured using petrochemicals.
Textiles: Petrochemicals are used in the production of synthetic fibers like polyester, nylon, and acrylics, which are used in clothing, home furnishings, and other textile products.
Construction Materials: Many construction materials, such as PVC pipes, insulation materials, and various types of adhesives and coatings, are produced using petrochemicals.
Rubber and Elastomers: Petrochemicals are used in the production of synthetic rubber, which is an essential material in the manufacturing of tires, footwear, and various industrial and consumer products.
Electronic Components: Certain petrochemicals are used in the manufacturing of electronic components and devices, including insulators, semiconductors, and the plastic components of electronic devices.
Energy Sector: Beyond fuels, petrochemicals are involved in various aspects of energy production and distribution, including as additives and in the production of components for renewable energy technologies.
Disclaimer
This compilation of the companies has been made to the best of our knowledge and belief. We have made every effort to obtain the information from reliable and up-to-date sources and to reproduce it as accurately as possible. Nevertheless, we cannot guarantee the accuracy and completeness of the information. We are grateful for additions and corrections, which you are welcome to send to sales@egypt-business.com. The selection of companies is based on the number of employees, the revenue, and the number of online visitors.
Fuels: One of the most well-known sectors, it involves the production of various types of fuels such as gasoline, diesel, jet fuel, and heating oils. This sector is critical for transportation and energy generation.
Plastics Manufacturing: Petrochemicals are essential in the production of plastics. This includes a wide variety of plastics used in packaging, construction, consumer goods, and many other applications.
Pharmaceuticals: Many pharmaceutical products are derived from petrochemicals. These chemicals provide the raw materials for a wide range of drugs and health care products.
Agriculture: Petrochemicals play a key role in agriculture, particularly in the production of fertilizers and pesticides. These chemicals help in increasing crop yields and protecting crops from pests and diseases.
Cosmetics and Detergents: A variety of personal care products, including soaps, detergents, and cosmetics, are manufactured using petrochemicals.
Textiles: Petrochemicals are used in the production of synthetic fibers like polyester, nylon, and acrylics, which are used in clothing, home furnishings, and other textile products.
Construction Materials: Many construction materials, such as PVC pipes, insulation materials, and various types of adhesives and coatings, are produced using petrochemicals.
Rubber and Elastomers: Petrochemicals are used in the production of synthetic rubber, which is an essential material in the manufacturing of tires, footwear, and various industrial and consumer products.
Electronic Components: Certain petrochemicals are used in the manufacturing of electronic components and devices, including insulators, semiconductors, and the plastic components of electronic devices.
Energy Sector: Beyond fuels, petrochemicals are involved in various aspects of energy production and distribution, including as additives and in the production of components for renewable energy technologies.
Disclaimer
This compilation of the companies has been made to the best of our knowledge and belief. We have made every effort to obtain the information from reliable and up-to-date sources and to reproduce it as accurately as possible. Nevertheless, we cannot guarantee the accuracy and completeness of the information. We are grateful for additions and corrections, which you are welcome to send to sales@egypt-business.com. The selection of companies is based on the number of employees, the revenue, and the number of online visitors.