{"id":622762,"date":"2018-10-11T04:35:51","date_gmt":"2018-10-11T04:35:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/sidpec-says-it-wants-to-buy-a-petchem-company-offers-no-other-details\/"},"modified":"2018-10-11T04:35:51","modified_gmt":"2018-10-11T04:35:51","slug":"sidpec-says-it-wants-to-buy-a-petchem-company-offers-no-other-details","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/sidpec-says-it-wants-to-buy-a-petchem-company-offers-no-other-details\/","title":{"rendered":"SIDPEC says it wants to buy a petchem company, offers no other details."},"content":{"rendered":"

<\/a> ** #5 M&A WATCH- SIDPEC looking to acquire local petrochemicals company: <\/strong>Sidi Kerir Petrochemicals\u2019 (SIDPEC) is looking into potentially acquiring another Egyptian petrochemicals company, it said in a statement to the EGX (pdf)<\/a>. The statement provided no further detail on the transaction.<\/p>\n","protected":false},"excerpt":{"rendered":"

** #5 M&A WATCH- SIDPEC looking to acquire local petrochemicals company: Sidi Kerir Petrochemicals\u2019 (SIDPEC) is looking into potentially acquiring another Egyptian petrochemicals company, it said in a statement to the EGX (pdf). The statement provided no further detail on the transaction.<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622762","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b7462c4a-0afc-41e5-b21d-36135d5180f2","order":"0","is_powered_by":true,"section_story_id":"b688e2e7-3c4f-4fb4-ab8c-4dca600e7b59","story_type":"1","photo_url":"","photo_position":"above","related_issue":[622753],"teaser":"","voice_url":""},"yoast_head":"\nSIDPEC says it wants to buy a petchem company, offers no other details. - 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\/10\/11\/sidpec-says-it-wants-to-buy-a-petchem-company-offers-no-other-details\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SIDPEC says it wants to buy a petchem company, offers no other details.\" \/>\n<meta property=\"og:description\" content=\"** #5 M&A WATCH- SIDPEC looking to acquire local petrochemicals company: Sidi Kerir Petrochemicals\u2019 (SIDPEC) is looking into potentially acquiring another Egyptian petrochemicals company, it said in a statement to the EGX (pdf). 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We reported last October that Sidpec was in\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":550095,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/sidpec-wants-100-of-ethydco\/","url_meta":{"origin":622762,"position":4},"title":"Sidpec wants 100% of Ethydco","author":"enterpriseam admin","date":"13 October 2022","format":false,"excerpt":"Sidpec wants Ethydco: EGX-listed Sidi Kerir Petrochemicals (Sidpec) wants to fully acquire subsidiary Egyptian Ethylene and Derivatives Company (Ethydco) through a share swap, Chairman Mohamed Ibrahim told CNBC Arabia yesterday (watch, runtime: 9:45), adding that Sidpec expects to wrap up the acquisition in less than a year.Sidpec\u2019s board will discuss\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/215.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562317,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/19\/sidpec-rebounds-from-tumultuous-2020-in-1q\/","url_meta":{"origin":622762,"position":5},"title":"Sidpec rebounds from tumultuous 2020 in 1Q","author":"enterpriseam admin","date":"19 May 2021","format":false,"excerpt":"Sidpec is beginning to recover from last year\u2019s tumult in the energy markets: Sidi Kerir Petrochemicals (Sidpec) generated net income of EGP 151.7 mn in 1Q2021, against losses of EGP 31.3 mn during the same quarter a year earlier, the company said in its quarterly earnings release (pdf). 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