{"id":599434,"date":"2019-06-27T04:00:16","date_gmt":"2019-06-27T04:00:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/sidpec-buys-land-for-new-propylene-and-polypropylene-plant-expansion\/"},"modified":"2019-06-27T04:00:16","modified_gmt":"2019-06-27T04:00:16","slug":"sidpec-buys-land-for-new-propylene-and-polypropylene-plant-expansion","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/sidpec-buys-land-for-new-propylene-and-polypropylene-plant-expansion\/","title":{"rendered":"Sidpec buys land for new propylene and polypropylene plant expansion"},"content":{"rendered":"

Sidi Kerir Petrochemicals Company (Sidpec) has signed the final contract to purchase a land plot from Alexandria Fiber Company to expand its new propylene and polypropylene plant, the Oil Ministry said in a statement<\/a>. The value of the contract was not disclosed. We reported last October<\/a> that Sidpec was in talks with local banks for a loan of USD 1.2 bn to finance the plant\u2019s expansion and achieve a final production capacity of 450k tonnes.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sidi Kerir Petrochemicals Company (Sidpec) has signed the final contract to purchase a land plot from Alexandria Fiber Company to expand its new propylene and polypropylene plant, the Oil Ministry said in a statement. The value of the contract was not disclosed. We reported last October that Sidpec was in talks with local banks for […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7207],"tags":[93,72,706],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-599434","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","tag-sidi-kerir-petrochemicals","wpautop","entry"],"acf":{"mongo_id":"e61d864e-0242-4b85-8371-54c345770262","is_powered_by":true,"section_story_id":"8ffeccd6-fba0-4c19-806b-fd50adb669b8","story_type":"1","photo_url":"","photo_position":"above","related_issue":[599410],"teaser":"","voice_url":""},"yoast_head":"\nSidpec buys land for new propylene and polypropylene plant expansion - 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\/2019\/06\/27\/sidpec-buys-land-for-new-propylene-and-polypropylene-plant-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sidpec buys land for new propylene and polypropylene plant expansion\" \/>\n<meta property=\"og:description\" content=\"Sidi Kerir Petrochemicals Company (Sidpec) has signed the final contract to purchase a land plot from Alexandria Fiber Company to expand its new propylene and polypropylene plant, the Oil Ministry said in a statement. The value of the contract was not disclosed. We reported last October that Sidpec was in talks with local banks for […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/sidpec-buys-land-for-new-propylene-and-polypropylene-plant-expansion\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-27T04:00:16+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/sidpec-buys-land-for-new-propylene-and-polypropylene-plant-expansion\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/sidpec-buys-land-for-new-propylene-and-polypropylene-plant-expansion\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Sidpec buys land for new propylene and polypropylene plant expansion\",\"datePublished\":\"2019-06-27T04:00:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/sidpec-buys-land-for-new-propylene-and-polypropylene-plant-expansion\/\"},\"wordCount\":85,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\",\"Sidi Kerir Petrochemicals\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/sidpec-buys-land-for-new-propylene-and-polypropylene-plant-expansion\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/sidpec-buys-land-for-new-propylene-and-polypropylene-plant-expansion\/\",\"name\":\"Sidpec buys land for new propylene and polypropylene plant expansion - 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We reported last October that SIDPEC is in talks with local banks to arrange a USD 1.2 bn loan for the facility.","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597540,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/ni-capital-to-select-quarterback-for-sidpec-stake-sale-in-september\/","url_meta":{"origin":599434,"position":2},"title":"NI Capital to select quarterback for Sidpec stake sale in September","author":"enterpriseam admin","date":"30 July 2019","format":false,"excerpt":"IPO WATCH- NI Capital to select quarterback for Sidpec stake sale in September: State investment bank NI Capital will announce in September the winning bid out of seven offers it received from investment banks to advise on the planned sale of an additional 23% stake in Sidi Kerir Petrochemicals (Sidpec)\u2026","rel":"","context":"In "Speed Round"","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":599315,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/egypts-state-owned-sidpec-stake-sale-preparations-underway\/","url_meta":{"origin":599434,"position":3},"title":"Egypt\u2019s state-owned SIDPEC stake sale preparations underway","author":"enterpriseam admin","date":"25 June 2019","format":false,"excerpt":"Sidpec stake sale preparations underway: Preparations are underway to kickstart the bookbuilding process of a 30% stake sale in Sidi Kerir Petrochemicals (Sidpec) as part of the state privatization program, Al Mal reports, citing sources \u201cclose to the matter.\u201d NI Capital, the state-owned investment bank managing the program, signed contracts\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/259.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":630802,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/sidpec-selects-honeywell-uop-w-r-grace-co-to-construct-propylene-polypropylene-factories\/","url_meta":{"origin":599434,"position":4},"title":"SIDPEC selects Honeywell UOP, W.R. Grace & Co. to construct propylene, polypropylene factories","author":"enterpriseam admin","date":"1 March 2018","format":false,"excerpt":"Sidi Kerir Petrochemicals (SIDPEC) has selected Honeywell UOP and W.R. Grace & Co to construct its planned propylene and polypropylene factories, respectively, SIDPEC announced yesterday, Al Shorouk reports. SIDPEC had received six offers for the licenses to construct the factories. The propylene facility has a targeted production output of 500k\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628001,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/20\/sidpec-signs-agreement-for-the-construction-of-the-usd-1-2-bn-propylene-plant\/","url_meta":{"origin":599434,"position":5},"title":"SIDPEC signs agreement for the construction of the USD 1.2 bn propylene plant","author":"enterpriseam admin","date":"20 June 2018","format":false,"excerpt":"Sidi Kerir Petrochemicals (SIDPEC) signed contracts with Honeywell UOP on Thursday for the construction of its USD 1.2 bn propylene plant, according to an Oil Ministry statement. SIDPEC had selected Honeywell UOP and W.R. Grace & Co to construct its planned factory back in March.","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/599434","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=599434"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/599434\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/599410"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=599434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=599434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=599434"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=599434"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=599434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}