Arab Finance: Sidi Kerir Petrochemicals Company (Sidpec) has signed a memorandum of understanding (MoU) with the greentech firm Hitachi Zosen Inova AG to provide the engineering designs needed for the establishment of Sidpec’s methane production unit, as per a statement.
The methane gas will be used in Sidpec’s production operations.
Moreover, Sidpec has inked a framework agreement with Korra Energi to set up a joint venture (JV) for cooperation in the fields of energy efficiency and sustainability in Egypt.