Petrochemicals

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Egyptian consortium seal $660 mln deal to establish Alexandria Supply Chain Company

The project will be implemented with 100 percent Egyptian capital with investments reaching $660 million.

Once completed it will have a capacity to produce 120,000 tonnes of SAF per annum in Egypt from used cooking oil using the HEFA pathway.

Four new commodities will be introduced on the Egyptian commodities exchange (EGYCOMEX) during 2024, with petrochemical products leading the list.

Egypt plans to increase its exports of petrochemicals and fertilizers to African nations by 10 percent in 2024.

The project aims to contribute to GDP growth, increase foreign direct investments, and support the petrochemical sector in Egypt.

Petrochemicals Events

EGYPES 17.02.2025

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