{"id":578431,"date":"2022-12-28T04:00:07","date_gmt":"2022-12-28T04:00:07","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/28\/tci-sanmar-to-invest-at-least-usd-160-mn-in-new-loading-terminal-in-egypt\/"},"modified":"2022-12-28T04:00:07","modified_gmt":"2022-12-28T04:00:07","slug":"tci-sanmar-to-invest-at-least-usd-160-mn-in-new-loading-terminal-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/28\/tci-sanmar-to-invest-at-least-usd-160-mn-in-new-loading-terminal-in-egypt\/","title":{"rendered":"TCI Sanmar to invest at least USD 160 mn in new loading terminal in Egypt"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>Indian industrial chemical manufacturer TCI Sanmar plans to <\/strong><strong>invest an initial USD <\/strong><strong>160 mn to set up a loading terminal near Port Said to import ethylene<\/strong>, a source close to the matter told Enterprise, confirming a report from <a href=\"https:\/\/www.zawya.com\/en\/projects\/industry\/egypts-tci-sanmar-chemicals-charts-plans-15mln-investment-in-2023-w84lfqir\">Zawya<\/a>. The terminal, which will be financed both through bank loans and self-financing, will take two years to complete, Zawya quoted Chairman PS Jayaraman as saying. Our source could not confirm details on financing and timeline of the terminal\u2019s construction.<\/p>\n<p><strong>The company is also maintaining its regular annual capex spend of around USD 15 mn in Egypt next year<\/strong> to expand its local production capacity for calcium chloride, our source said. The money will fund four new production lines with a total capacity of 225k tons a year, an expansion that is expected to take two years to complete, Jayaraman reportedly said.<\/p>\n<p><strong>About TCI Sanmar: <\/strong>The Indian chemicals company has invested some USD 1.5 bn into local factories for polyvinyl chloride (PVC), caustic soda, calcium chloride and green ethylene, making it Egypt\u2019s largest Indian investor, according to its <a href=\"http:\/\/sanmargroup.com\/tci.php\">website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian industrial chemical manufacturer TCI Sanmar plans to invest an initial USD 160 mn to set up a loading terminal near Port Said to import ethylene, a source close to the matter told Enterprise, confirming a report from Zawya. The terminal, which will be financed both through bank loans and self-financing, will take two years [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":578432,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7272],"tags":[72,7196,125,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-578431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-enterpriseam","tag-industry","tag-investment-watch","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"7c68370e-8232-47ca-afe6-78837840b378","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/12\/578.jpg","photo_position":"above","related_issue":[578422],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>TCI Sanmar to invest at least USD 160 mn in new loading terminal in Egypt - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/28\/tci-sanmar-to-invest-at-least-usd-160-mn-in-new-loading-terminal-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TCI Sanmar to invest at least USD 160 mn in new loading terminal in Egypt\" \/>\n<meta property=\"og:description\" content=\"Indian industrial chemical manufacturer TCI Sanmar plans to invest an initial USD 160 mn to set up a loading terminal near Port Said to import ethylene, a source close to the matter told Enterprise, confirming a report from Zawya. The terminal, which will be financed both through bank loans and self-financing, will take two years [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/28\/tci-sanmar-to-invest-at-least-usd-160-mn-in-new-loading-terminal-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-28T04:00:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/578.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/28\/tci-sanmar-to-invest-at-least-usd-160-mn-in-new-loading-terminal-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/28\/tci-sanmar-to-invest-at-least-usd-160-mn-in-new-loading-terminal-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"TCI Sanmar to invest at least USD 160 mn in new loading terminal in Egypt\",\"datePublished\":\"2022-12-28T04:00:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/28\/tci-sanmar-to-invest-at-least-usd-160-mn-in-new-loading-terminal-in-egypt\/\"},\"wordCount\":190,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/28\/tci-sanmar-to-invest-at-least-usd-160-mn-in-new-loading-terminal-in-egypt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/578.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"industry\",\"investment watch\",\"Manufacturing\"],\"articleSection\":[\"Investment Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/28\/tci-sanmar-to-invest-at-least-usd-160-mn-in-new-loading-terminal-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/28\/tci-sanmar-to-invest-at-least-usd-160-mn-in-new-loading-terminal-in-egypt\/\",\"name\":\"TCI Sanmar to invest at least USD 160 mn in new loading terminal in Egypt - 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Jayaraman did not provide details on what the investments will be used for. Sanmar, which\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602058,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/18\/indias-tci-sanmar-chemicals-to-invest-usd-125-mn-to-expand-egypt-operations\/","url_meta":{"origin":578431,"position":1},"title":"India\u2019s TCI Sanmar Chemicals to invest USD 125 mn to expand Egypt operations","author":"enterpriseam admin","date":"18 March 2019","format":false,"excerpt":"INVESTMENT WATCH- TCI Sanmar to invest USD 125 mn to expand Egypt business: India\u2019s TCI Sanmar Chemicals is planning to invest USD 125 mn to expand its Port Said factory and double its production capacity to 400k tonnes of industrial chemical compounds, Chairman PS Jayaraman said. The company completed USD\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568372,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/28\/indias-tci-sanmar-to-invest-usd-200-mn-here-next-year\/","url_meta":{"origin":578431,"position":2},"title":"India\u2019s TCI Sanmar to invest USD 200 mn here next year","author":"enterpriseam admin","date":"28 December 2020","format":false,"excerpt":"Indian industrial chemical manufacturer TCI Sanmar Chemicals is planning to resume its USD 200 mn investment in its Egyptian operations next year, the company\u2019s Egypt CEO Sherif El Manoufi said, according to Al Mal. The investment will likely go towards expanding its production capacity of polyvinyl chloride and calcium chloride,\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":653073,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/29\/tci-sanmar-could-be-looking-to-increase-investments-in-egypt-to-usd-1-5-bn\/","url_meta":{"origin":578431,"position":3},"title":"TCI Sanmar could be looking to increase investments in Egypt to USD 1.5 bn","author":"enterpriseam admin","date":"29 January 2017","format":false,"excerpt":"India\u2019s TCI Sanmar Chemicals is looking to increase its investments in Egypt to USD 1.5 bn from USD 300 mn currently, Investment Minister Dalia Khorshid told Ahram Gate. The company has offered to raise funds from Indian banks to finance a capacity increase to bolster its export capacity. The report\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648175,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/30\/tci-sanmar-considers-usd-300-mn-investment\/","url_meta":{"origin":578431,"position":4},"title":"TCI Sanmar considers USD 300 mn investment","author":"enterpriseam admin","date":"30 May 2017","format":false,"excerpt":"INVESTMENT WATCH- India\u2019s TCI Sanmar Chemicals has plans to increase as much as USD 300 mn in Egypt, bringing its total invested here to USD 1.5 bn, Chairman PS Jayaraman told Investment Minister Sahar Nasr, according to Al Masry Al Youm. The company says it wants to increase its caustic\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":662503,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/18\/indian-chemicals-player-tci-sanmar-to-invest-usd-300-mn-in-the-local-market\/","url_meta":{"origin":578431,"position":5},"title":"Indian chemicals player TCI Sanmar to invest USD 300 mn in the local market","author":"enterpriseam admin","date":"18 March 2025","format":false,"excerpt":"The investment will bring the company\u2019s total commitments in Egypt to USD 2 bn","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1412.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/578431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=578431"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/578431\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/578422"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/578432"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=578431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=578431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=578431"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=578431"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=578431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}