{"id":622919,"date":"2018-10-16T04:36:34","date_gmt":"2018-10-16T04:36:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/ethydco-sidpec-among-three-state-owned-companies-looking-to-buy-out-cci\/"},"modified":"2018-10-16T04:36:34","modified_gmt":"2018-10-16T04:36:34","slug":"ethydco-sidpec-among-three-state-owned-companies-looking-to-buy-out-cci","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/ethydco-sidpec-among-three-state-owned-companies-looking-to-buy-out-cci\/","title":{"rendered":"Ethydco, SIDPEC among three state-owned companies looking to buy out CCI"},"content":{"rendered":"<p><strong>M&A WATCH- Ethydco, SIDPEC among three state-owned companies looking to buy out chemicals company CCI:<\/strong> The Egyptian Ethylene and Derivatives Company (Ethydco) is expected to acquire 60% of Solvay Alexandria Sodium Carbonate (CCI) as part of a takeover plan for three state-owned companies to buy 100% of CCI, <a href=\"https:\/\/alborsaanews.com\/2018\/10\/15\/1141422\">unnamed government sources said<\/a>. Sidi Kerir Petrochemicals Company (SIDPEC) has already reached a preliminary agreement to acquire 20% of CCI, which suspended production in 2016 amid high losses caused by a hike in energy prices. It remains unclear which company completes the trio that is buying out CCI.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- Ethydco, SIDPEC among three state-owned companies looking to buy out chemicals company CCI: The Egyptian Ethylene and Derivatives Company (Ethydco) is expected to acquire 60% of Solvay Alexandria Sodium Carbonate (CCI) as part of a takeover plan for three state-owned companies to buy 100% of CCI, unnamed government sources said. Sidi Kerir Petrochemicals [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622919","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3bb95244-d084-4ba9-9c32-5580a6ff6ca2","order":"0","is_powered_by":true,"section_story_id":"7238a260-6295-4571-bc28-8c9eaf98ab06","story_type":"1","photo_url":"","photo_position":"above","related_issue":[622909],"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>Ethydco, SIDPEC among three state-owned companies looking to buy out CCI - 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\/16\/ethydco-sidpec-among-three-state-owned-companies-looking-to-buy-out-cci\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethydco, SIDPEC among three state-owned companies looking to buy out CCI\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- Ethydco, SIDPEC among three state-owned companies looking to buy out chemicals company CCI: The Egyptian Ethylene and Derivatives Company (Ethydco) is expected to acquire 60% of Solvay Alexandria Sodium Carbonate (CCI) as part of a takeover plan for three state-owned companies to buy 100% of CCI, unnamed government sources said. Sidi Kerir Petrochemicals [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/ethydco-sidpec-among-three-state-owned-companies-looking-to-buy-out-cci\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-16T04:36:34+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\/10\/16\/ethydco-sidpec-among-three-state-owned-companies-looking-to-buy-out-cci\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/ethydco-sidpec-among-three-state-owned-companies-looking-to-buy-out-cci\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ethydco, SIDPEC among three state-owned companies looking to buy out CCI\",\"datePublished\":\"2018-10-16T04:36:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/ethydco-sidpec-among-three-state-owned-companies-looking-to-buy-out-cci\/\"},\"wordCount\":104,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/ethydco-sidpec-among-three-state-owned-companies-looking-to-buy-out-cci\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/ethydco-sidpec-among-three-state-owned-companies-looking-to-buy-out-cci\/\",\"name\":\"Ethydco, SIDPEC among three state-owned companies looking to buy out CCI - 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CCI was acquired by state-owned Egyptian Ethylene and Derivatives Company (Ethydco), Sidi Kerir Petrochemicals Company (SIDPEC) and the Egyptian Petrochemical Holding Company (ECHEM).","rel":"","context":"In &quot;Law&quot;","block_context":{"text":"Law","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/law\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622817,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/14\/sidpec-acquires-20-stake-in-chemicals-company-cci\/","url_meta":{"origin":622919,"position":2},"title":"SIDPEC acquires 20% stake in chemicals company CCI","author":"enterpriseam admin","date":"14 October 2018","format":false,"excerpt":"M&A WATCH- SIDPEC acquires 20% stake in local chemicals company: Sidi Kerir Petrochemicals Company (SIDPEC) has entered into a preliminary agreement to acquire 20% of Solvay Alexandria Sodium Carbonate (CCI), according to a domestic media report citing unnamed company sources. 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