Egypt Plans Billions in Petchem Investments

Egypt Plans Billions in Petchem Investments
Image Source:Flange Gaskets

Egypt plans to increase is petrochemical production capacity. According to reports out of the country, investments of over $6.5 billion will be made in an integrated production complex for petrochemicals over a period of up to five years.

The complex will use around 4 million tons of naphtha to produce 2.7 million tons of p-xylene, gasoline, styrene, polypropylene, polyethylene, and ammonia.

Production from the facilities will cover local demand and allow for the surplus to be exported.

The complex will cover over three million square meters and will be located close to the Ain El Sokhna Port.

Source: Petroleum Africa 

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