{"id":630802,"date":"2018-03-01T04:21:01","date_gmt":"2018-03-01T04:21:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/sidpec-selects-honeywell-uop-w-r-grace-co-to-construct-propylene-polypropylene-factories\/"},"modified":"2018-03-01T04:21:01","modified_gmt":"2018-03-01T04:21:01","slug":"sidpec-selects-honeywell-uop-w-r-grace-co-to-construct-propylene-polypropylene-factories","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/sidpec-selects-honeywell-uop-w-r-grace-co-to-construct-propylene-polypropylene-factories\/","title":{"rendered":"SIDPEC selects Honeywell UOP, W.R. Grace & Co. to construct propylene, polypropylene factories"},"content":{"rendered":"

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<\/a>. SIDPEC had received six offers for the licenses to construct the factories. The propylene facility has a targeted production output of 500k tonnes per annum, while the polypropylene facility is expected to produce 450k tonnes per year. Both factories are slated for completion in 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 tonnes per annum, while the […]<\/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],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630802","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"22f4725f-9cb2-4355-a6d1-8ed9a443ee25","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"SIDPEC selects Honeywell UOP, W.R. Grace & Co. to construct propylene, polypropylene factories","related_issue":[630776],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.b4ef5ca8-cab6-425c-bc11-e717057097c9.mp3"},"yoast_head":"\nSIDPEC selects Honeywell UOP, W.R. Grace & Co. to construct propylene, polypropylene factories - 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\/03\/01\/sidpec-selects-honeywell-uop-w-r-grace-co-to-construct-propylene-polypropylene-factories\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SIDPEC selects Honeywell UOP, W.R. 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The propylene facility has a targeted production output of 500k tonnes per annum, while the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/sidpec-selects-honeywell-uop-w-r-grace-co-to-construct-propylene-polypropylene-factories\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-01T04:21:01+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\/03\/01\/sidpec-selects-honeywell-uop-w-r-grace-co-to-construct-propylene-polypropylene-factories\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/sidpec-selects-honeywell-uop-w-r-grace-co-to-construct-propylene-polypropylene-factories\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"SIDPEC selects Honeywell UOP, W.R. 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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":[]},{"id":599434,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/sidpec-buys-land-for-new-propylene-and-polypropylene-plant-expansion\/","url_meta":{"origin":630802,"position":1},"title":"Sidpec buys land for new propylene and polypropylene plant expansion","author":"enterpriseam admin","date":"27 June 2019","format":false,"excerpt":"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\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":623154,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/22\/sidpec-in-talks-with-local-banks-for-usd-1-2-bn-loan-for-new-propylene-factory\/","url_meta":{"origin":630802,"position":2},"title":"SIDPEC in talks with local banks for USD 1.2 bn loan for new propylene factory","author":"enterpriseam admin","date":"22 October 2018","format":false,"excerpt":"Sidi Kerir Petrochemicals (SIDPEC) is in talks with local banks for a USD 1.2 bn loan for its new propylene plant in Alexandria, sources tell Al Mal. SIDPEC has approached CIB, the National Bank of Egypt, Banque Misr, Arab African Bank, QNB Egypt, HSBC, Credit Agricole, Export Development Bank, and\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"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":630802,"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":602079,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/18\/sidpec-propylene-factory-to-be-70-financed-through-debt-from-egypt-banks\/","url_meta":{"origin":630802,"position":4},"title":"SIDPEC propylene factory to be 70% financed through debt from Egypt banks","author":"enterpriseam admin","date":"18 March 2019","format":false,"excerpt":"Sidi Kerir Petrochemicals\u2019 (SIDPEC) new propylene and polypropylene plant in Alexandria will have a 70:30 debt-to-equity ratio, the company said in a EGX release (pdf). 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":630802,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/630802","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=630802"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/630802\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/630776"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=630802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=630802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=630802"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=630802"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=630802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}