A jump of 3.5 billion dollars .. 9 Information on refining projects and petrochemicals
The Egyptian economy is witnessing a big boom in a number of fields. The oil sector may be at its forefront, thanks to new discoveries in gas and oil, and also thanks to the development of refining and petrochemical activities.
In recent years, the petrochemical and refining industries have witnessed significant expansions, which have contributed to enhancing the added value of the sector, and securing the local market needs of petroleum products and raw materials. The following are the most important new expansion projects in Alexandria:
Expansion of Sidi Kerir Petrochemicals Company (Propylene Derivatives Complex)
1- The investment cost is 1.2 billion dollars.
2 – Production capacity of 500 thousand tons of propylene.
3- Production of 450 thousand tons of polypropylene.
4- The investment of the current increase in the production of natural gas and the fruitful integration between companies and entities of the petroleum sector.
Middle East Petroleum Refining Company (MIDOR)
1 – The investment cost of $ 2.3 billion.
2 – aims to increase the production capacity of the plant by 60%.
3 – Petrojet is currently processing the site and finishing its engineering designs with Italian companies Enppi and Technip.
4 – The project includes the implementation of a plan to overcome the challenges, the most important link between the existing and new units in the laboratory.
5. It is expected to sign the contract to provide the necessary electricity to the laboratory with Medalik this week.
Related topics
(tagsToTranslate) Petrochemicals (t) Petroleum Products (t) Sidi Kerir Petrochemicals Co. (t) New Petroleum Projects
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