Echem and SABIC considering PE, cracker JV in Egypt – source

11 January 2011 11:49  [Source: ICIS news]

DUBAI (ICIS)--Egyptian Petrochemicals Holding Co (Echem) and SABIC are studying the possibility of forming a joint venture (JV) to build a 400,000 tonne/year polyethylene (PE) plant and an ethane cracker in Alexandria, Egypt, an Echem source said on Tuesday.

“We hope the new facilities can start up three years from now,” the Echem source said on the sidelines of the Arabplast exhibition in Dubai.

The four-day 10th Arab International Plastics and Rubber Industry Trade Show and Conference in Dubai ends today.

SABIC, which manufactures chemicals, fertilizers, plastics and metals, was not immediately available for comment.

For more on SABIC visit ICIS company intelligence
To discuss issues facing the chemical industry go to ICIS connect


By: Chow Bee Lin
+65 6780 4359



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index