{"id":630452,"date":"2018-04-22T04:08:42","date_gmt":"2018-04-22T04:08:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/carbon-holdings-to-reach-financial-close-on-tahrir-petrochem-complex-by-years-end\/"},"modified":"2018-04-22T04:08:42","modified_gmt":"2018-04-22T04:08:42","slug":"carbon-holdings-to-reach-financial-close-on-tahrir-petrochem-complex-by-years-end","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/carbon-holdings-to-reach-financial-close-on-tahrir-petrochem-complex-by-years-end\/","title":{"rendered":"Carbon Holdings to reach financial close on Tahrir petrochem complex by year\u2019s end"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>INVESTMENT WATCH- Carbon Holdings aims to reach financial close on its USD 10.6 bn Tahrir petrochemicals complex by year\u2019s end,<\/strong> <a href=\"https:\/\/alborsanews.com\/2018\/04\/19\/1099987\">CEO Basil El Baz says<\/a>. Carbon Holdings is covering 26% of the project\u2019s cost, with the remainder set to be funded by development finance institutions from the US, Germany, and the UK. Tahrir Petrochemicals will be built in the Suez Canal Economic Zone and will produce petrochemicals used to make a wide range of consumer and industrial goods.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Carbon Holdings aims to reach financial close on its USD 10.6 bn Tahrir petrochemicals complex by year\u2019s end, CEO Basil El Baz says. Carbon Holdings is covering 26% of the project\u2019s cost, with the remainder set to be funded by development finance institutions from the US, Germany, and the UK. Tahrir Petrochemicals will [&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-630452","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3518e5e4-414e-468a-9ff4-90142da08a91","order":"0","is_powered_by":true,"section_story_id":"a2061a40-aa8a-4b5e-90a8-0d61b932d364","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630441],"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>Carbon Holdings to reach financial close on Tahrir petrochem complex by year\u2019s end - 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\/04\/22\/carbon-holdings-to-reach-financial-close-on-tahrir-petrochem-complex-by-years-end\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Carbon Holdings to reach financial close on Tahrir petrochem complex by year\u2019s end\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Carbon Holdings aims to reach financial close on its USD 10.6 bn Tahrir petrochemicals complex by year\u2019s end, CEO Basil El Baz says. Carbon Holdings is covering 26% of the project\u2019s cost, with the remainder set to be funded by development finance institutions from the US, Germany, and the UK. 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The project is being financed by a USD 5.4 bn debt package through institutions such\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":604666,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/10\/egypts-carbon-holdings-secures-usd-1-25-bn-for-petrochemical-complex\/","url_meta":{"origin":630452,"position":1},"title":"Egypt\u2019s Carbon Holdings secures USD 1.25 bn for petrochemical complex","author":"enterpriseam admin","date":"10 December 2018","format":false,"excerpt":"INVESTMENT WATCH- Carbon Holdings has secured another USD 1.25 bn in financing to build its massive Tahrir petrochemicals complex after signing a contract with the Lagos-based Africa Finance Corporation, Reuters reports. Carbon has now raised c. USD 5.4 bn for the USD 10.9 bn Tahrir Petrochemicals Company, according to a\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":604975,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/18\/egypts-carbon-holdings-inks-equity-framework-agreement-for-tpc-with-african-finance-corp\/","url_meta":{"origin":630452,"position":2},"title":"Egypt\u2019s Carbon Holdings inks equity framework agreement for TPC with African Finance Corp.","author":"enterpriseam admin","date":"18 December 2018","format":false,"excerpt":"CLARIFICATION- Carbon\u2019s TPC inks equity framework agreement: Tahrir Petrochemicals Corporation and Lagos-based Africa Finance Corporation (AFC) have signed a USD 1.25 bn equity subscription framework agreement for its c. USD 11 bn petrochemicals project, slated to become the largest of its kind in the region, Carbon Holdings said in a\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":626559,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/05\/chinese-lenders-make-usd-3-1-bn-in-funding-available-for-carbon-holdings-usd-10-9-bn-petrochem-complex\/","url_meta":{"origin":630452,"position":3},"title":"Chinese lenders make USD 3.1 bn in funding available for Carbon Holdings\u2019 USD 10.9 bn petrochem complex","author":"enterpriseam admin","date":"5 July 2018","format":false,"excerpt":"Chinese lenders make USD 3.1 bn in funding available for Carbon Holdings\u2019 USD 10.9 bn petrochem complex: A group of unnamed Chinese lenders have made USD 3.1 bn in backup funding available for Carbon Holdings\u2019 Tahrir Petrochemicals Corporation (TPC), Suez Canal Economic Zone (SCZone) deputy head Mahfouz Taha tells Al\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":642932,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/27\/carbon-holdings-making-a-splash\/","url_meta":{"origin":630452,"position":4},"title":"Carbon Holdings making a splash","author":"enterpriseam admin","date":"27 August 2017","format":false,"excerpt":"INVESTMENT WATCH- Carbon Holdings expects to break ground by June 2018 on its USD 10.6 bn Tahrir petrochemicals complex at the heart of which is \u201cEgypt\u2019s first naphtha cracker and will produce different types of petrochemicals used to make various consumer and industrial goods, according to Reuters.\u201d Tahrir Petrochemicals will\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":626415,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/carbon-holdings-signs-contracts-for-its-usd-10-9-bn-petrochemicals-facility\/","url_meta":{"origin":630452,"position":5},"title":"Carbon Holdings signs contracts for its USD 10.9 bn petrochemicals facility","author":"enterpriseam admin","date":"2 July 2018","format":false,"excerpt":"INVESTMENT WATCH- Carbon Holdings signs contracts for its USD 10.9 bn petrochemicals complex: Carbon Holdings signed on Saturday contracts with the Suez Canal Authority and a host of service providers and technical partners, kicking off its USD 10.9 bn petrochemicals facility known as Tahrir Petrochemicals Corporation (TPC). 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