Alexandria Petroleum Company, Petrojet sign contract to manufacture NMP

The Alexandria Petroleum Company signed a contract with Petrojet to manufacture NMP, a petrochemical used in refining petroleum, Youm7 reports. Under the agreement, EGP 100 mn were allocated for installation and construction, and Petrojet will handle all business and management operations. The new facility is expected to have an annual production capacity of 16k tonnes. China currently has a monopoly on NMP production.