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Egypt gears up for petrochemical exports with industry boost

Egypt intends to embark on major projects as part of its long-term strategy to develop an export-oriented petrochemical industry, a newspaper has said.

The strategy, which stretches until 2040, comprises projects covering petrochemicals, soda, silicon, methanol and bio-ethanol, the Arabic language daily Addustour said, citing a government report.

One of the projects is a silicon and derivatives complex in the Northern port of El Alamein at a cost of around $172 million, it said.

Link: https://www.zawya.com/en/projects/industry/egypt-gears-up-for-petrochemical-exports-with-industry-boost-un92uw7d

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