Egyptian Linear Alkyl Benzene (ELAB) Company selected Honeywell UOP’s petrochemical licensing, technologies, and engineering services to expand normal paraffins production to support its linear alkylbenzene (LAB) facility in Egypt

The Egyptian Petrochemicals Holding Company (ECHEM) has a five-year plan to implement 10 projects, with investments of $11 billion, Chairman Alaa El-Din Abdel Fattah announced.

The Egyptian Bioethanol Company (EBIOL), a unit of the Egyptian Petrochemicals Holding Company (ECHEM), signed a long-term joint financing agreement worth $135 million with a banking consortium for a project in Damietta.

The Egyptian Petrochemicals Holding Company (ECHEM) injected total investments amounting to EGP 8.7 billion during the fiscal year (FY) 2024/2025, the chairman Ibrahim Mekki said.

Red Sea National Petrochemicals Company and China National Chemical Engineering Co., Ltd. (CNCEC) signed a non-binding framework agreement to implement a petrochemicals project in the Suez Canal Economic Zone (SCZone).

The Egyptian Petrochemicals Holding Company (ECHEM) and the General Authority for Investment and Free Zones (GAFI) have signed a framework agreement with the UK-based Shard Capital to establish a $7 billion petrochemical production complex in New Alamein.

The Egyptian Petrochemicals Holding Company (ECHEM) is planning to secure $700 million in financing from foreign banks.

The Egyptian Petrochemicals Holding Company (ECHEM) has appointed the private equity firm Compass Capital to sell the government’s 26% stake in the Egyptian Polypropylene and Polypropylene (EPP).