{"id":605149,"date":"2018-12-23T04:40:13","date_gmt":"2018-12-23T04:40:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/govt-completes-studies-for-usd-7-5-petrochem-complex-in-egypts-new-alamein\/"},"modified":"2018-12-23T04:40:13","modified_gmt":"2018-12-23T04:40:13","slug":"govt-completes-studies-for-usd-7-5-petrochem-complex-in-egypts-new-alamein","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/govt-completes-studies-for-usd-7-5-petrochem-complex-in-egypts-new-alamein\/","title":{"rendered":"Gov\u2019t completes studies for USD 7.5 petrochem complex in Egypt\u2019s New Alamein"},"content":{"rendered":"<p>State-owned Egyptian Petrochemical Holding Company has completed feasibility studies for a USD 7.5 bn petroleum refining complex in New Alamein, <a href=\"https:\/\/alborsaanews.com\/2018\/12\/20\/1163575\">a company source said<\/a>. The source said a US-based company conducted the studies, but did not disclose its name. The facility will refine some 5 mn tonnes of crude per annum when it comes online in 2024. We had <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/29\/oil-ministry-planning-new-petrochem-refinery-projects-in-new-alamein-city\/\">noted in July<\/a> that the Oil Ministry is studying petrochemicals and refining projects, which could potentially take shape under public-private partnership frameworks, in the city.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned Egyptian Petrochemical Holding Company has completed feasibility studies for a USD 7.5 bn petroleum refining complex in New Alamein, a company source said. The source said a US-based company conducted the studies, but did not disclose its name. The facility will refine some 5 mn tonnes of crude per annum when it comes online [&hellip;]<\/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":[7255],"tags":[72,125,131,705],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-605149","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-enterpriseam","tag-investment-watch","tag-manufacturing","tag-petrochemicals","wpautop","entry"],"acf":{"mongo_id":"146e0837-f5cc-47e2-b204-b0b43a711042","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Gov\u2019t completes studies for USD 7.5 petrochem complex in Egypt\u2019s New Alamein","related_issue":[605115],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.86b3b353-a0cf-4f95-832d-67262f6cf9c0.mp3"},"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>Gov\u2019t completes studies for USD 7.5 petrochem complex in Egypt\u2019s New Alamein - 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\/2018\/12\/23\/govt-completes-studies-for-usd-7-5-petrochem-complex-in-egypts-new-alamein\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t completes studies for USD 7.5 petrochem complex in Egypt\u2019s New Alamein\" \/>\n<meta property=\"og:description\" content=\"State-owned Egyptian Petrochemical Holding Company has completed feasibility studies for a USD 7.5 bn petroleum refining complex in New Alamein, a company source said. The source said a US-based company conducted the studies, but did not disclose its name. The facility will refine some 5 mn tonnes of crude per annum when it comes online [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/govt-completes-studies-for-usd-7-5-petrochem-complex-in-egypts-new-alamein\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-23T04:40:13+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\/2018\/12\/23\/govt-completes-studies-for-usd-7-5-petrochem-complex-in-egypts-new-alamein\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/govt-completes-studies-for-usd-7-5-petrochem-complex-in-egypts-new-alamein\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t completes studies for USD 7.5 petrochem complex in Egypt\u2019s New Alamein\",\"datePublished\":\"2018-12-23T04:40:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/govt-completes-studies-for-usd-7-5-petrochem-complex-in-egypts-new-alamein\/\"},\"wordCount\":94,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"investment watch\",\"Manufacturing\",\"petrochemicals\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/govt-completes-studies-for-usd-7-5-petrochem-complex-in-egypts-new-alamein\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/govt-completes-studies-for-usd-7-5-petrochem-complex-in-egypts-new-alamein\/\",\"name\":\"Gov\u2019t completes studies for USD 7.5 petrochem complex in Egypt\u2019s New Alamein - 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State-owned Egyptian Petrochemical Holding Company completed its studies on the complex, which is set to come online in 2024, last\u2026","rel":"","context":"In &quot;Energy&quot;","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":563619,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/11\/bechtel-inks-two-agreements-for-ain-sokhnas-usd-7-5-bn-petchem-complex\/","url_meta":{"origin":605149,"position":1},"title":"Bechtel inks two agreements for Ain Sokhna\u2019s USD 7.5 bn petchem complex","author":"enterpriseam admin","date":"11 July 2021","format":false,"excerpt":"Bechtel will design Africa\u2019s largest petchem complex: US construction giant Bechtel will lead the design and construction of the USD 7.5 bn petchem complex being built by the Red Sea National Refining and Petrochemicals Company in the Ain Sokhna industrial zone under two agreements signed with the Oil Ministry over\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/94.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":557427,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/19\/nbe-ikarus-to-invest-usd-150-mn-in-petrochemicals\/","url_meta":{"origin":605149,"position":2},"title":"NBE, Ikarus to invest USD 150 mn in petrochemicals","author":"enterpriseam admin","date":"19 September 2021","format":false,"excerpt":"Kuwaiti energy investor Ikarus Petroleum Industries will invest around USD 150 mn in the Egyptian petchem sector alongside the National Bank of Egypt (NBE), according to a joint statement (pdf) last week. NBE\u2019s investment arm Al Ahly Capital will act as the JV\u2019s direct investment manager, according to the terms\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\/2021\/9\/251.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555908,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/03\/another-petchem-complex-in-the-sczone\/","url_meta":{"origin":605149,"position":3},"title":"Another petchem complex in the SCZone","author":"enterpriseam admin","date":"3 October 2021","format":false,"excerpt":"Anchorage Investments is looking to build a USD 2.5 bn petrochemical complex in the Suez Canal Economic Zone (SCZone), according to a company statement (pdf). The company will produce a range of petrochemical products and natural gas derivatives, including propylene and polypropylene, and will look to gradually increase the number\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\/2021\/10\/27.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":669912,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/11\/egyptian-soda-ash-company-inks-usd-490-mn-financing-agreement-for-long-awaited-soda-ash-plant\/","url_meta":{"origin":605149,"position":4},"title":"Egyptian Soda Ash Company inks USD 490 mn financing agreement for long-awaited soda ash plant","author":"enterpriseam admin","date":"11 August 2025","format":false,"excerpt":"The facility in New Alamein will produce 600k tons of soda ash a year","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/8\/593.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":600036,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/17\/qalaa-signs-mou-with-qatar-petroleum-to-raise-its-stake-in-egyptian-refining-company\/","url_meta":{"origin":605149,"position":5},"title":"Qalaa signs MoU with Qatar Petroleum to raise its stake in Egyptian Refining Company","author":"enterpriseam admin","date":"17 January 2019","format":false,"excerpt":"M&A WATCH- Qalaa inks MoU to raise stake in key subsidiary Egyptian Refining Company: Qalaa Holdings has signed an MoU with Qatar Petroleum to purchase an additional stake in the Egyptian Refining Company (ERC), which owns the USD 4.3 bn Mostorod refinery, Qalaa said in a statement to the EGX\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/605149","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=605149"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/605149\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/605115"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=605149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=605149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=605149"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=605149"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=605149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}