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Country-Plan Projects and Tenders |
| 7714 Subject |
450 مليون دولار لمشروع انتاج البولي بروبولين والبولي ايثيلين في بورسعيد وتكوين اتحاد بين 3 شركات للمشروع A new joint venture formed to proceed with $ 450 million project to produce propylene & polypropylene. |
| Date Published | Wednesday, January 05, 2005 |
| Source Name | Al Alam Al Yom |
| Location Name | Port Said |
| Description | A new joint venture formed to proceed with $ 450 million project to produce propylene & polypropylene. Involved are the Oriental Co. for Petrochemicals (of the Oriental Weavers Group) & the Holding Co. for Petrochemicals of the Petroleum Sector. New venture is identified as the Egyptian Co. for Propylene & Polypropylene. Project, scheduled for completion in 3 years, will be located in Port Said & will dispose on an annual design capacity of 350,000 tons. It would generate 300 direct employment opportunities & 1,800 indirect opportunities. |
| Sectors Section |
Beneficiary Sectors - Electromechanical Works Electromechanical Works - Construction Projects Integrated works - Petroleum - Oil, Gas & Petrochemicals Petrochemicals - Industry Petrochemicals |