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November 2008


 
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Petrochemical projects proposed for investment in Egypt


Benzene Toluene Xylene Complex Project

Description: Producing 450,000 tons/year of Benzol and 530,000 tons/year of Para-Xylene
Objectives:
  • To replace the imports & export surplus
  • To provide job opportunities & hard currency
Location: Alexandria, Egypt
Production Capacity: 450,000 tons/year of Benzol and 530,000 tons/year of Para-Xylene
Estimated Cost: 1,000 million dollars
Execution Schedule: 4 years
Equity: 35%
Loans: 65%
Current Status: Under study
Shareholder: Egyptian Petrochemicals Holding Company (Echem)
Current Sponsor: Egyptian Petrochemicals Holding Company (Echem)


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Poly Vinyl Chloride Project (PVC)

Description: Increasing the production capacity of Egyptian Petrochemical Company
Objectives:
  • To replace the imports & export surplus
  • To provide job opportunities & hard currency
Location: Al Nahda Area, Alexandria, Egypt
Production Capacity: Additional 120 thousand tons per year
Estimated Cost: 350 million dollars
Execution Schedule: 3 years for the new train
2 years for expanding Start-up Date: 2008
IRR on Investment: 17%
Equity: 35%
Loans: 65%
Current Status: Feasibility study process
Current Sponsor: Egyptian Petrochemicals Holding Company (Echem)


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Poly Ster Production Project

Description: Producing 100,000 tons/year of POY, 100,000 tons/year of PET and 100,000 tons/year of Fibers
Objectives:
  • To replace the imports & export the surplus
  • To provide job opportunities & hard currency
Location: Alexandria, Egypt
Production Capacity: 100,000 tons/year of POY, 100,000 tons/year of PET and 100,000 tons/year of Fibers
Estimated Cost: 200 million dollars
Execution Schedule: 2 years
Equity: 35%
Loans: 65%
Current Status: Under study
Shareholder: Egyptian Petrochemicals Holding Company (Echem) Current Sponsor: Egyptian Petrochemicals Holding Company (Echem)


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