Carbon Holdings targets 2014 commissioning of Egypt PE complex

22 February 2010 17:49  [Source: ICIS news]

HOUSTON (ICIS news)--Carbon Holdings plans to commission a 1,350,000 tonnes/year polyethylene (PE) complex in Egypt in the first quarter of 2014, the company said.

Carbon Holdings said on Sunday the anchor facility of its multibillion dollar greenfield petrochemicals complex will be an olefins complex near Suez, which will produce PE from an adjoining naphtha cracker.

“Feedstock and off-take for the olefins complex have already been contracted and the engineering is underway,” said Mohamed Helmy, director of investor relations.

Carbon Holdings is a privately held corporation headquartered in Cairo and founded by Basil El-Baz, chairman and chief executive officer of the company, Helmy said.

Carbon Holdings has chosen Univation Technology’s UNIPOL polyethylene (PE) process for three 450,000 tonne/year lines at the complex in Ain Sokhna, about 50km southwest of the Port of Suez.

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By: Brian Ford
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