{"id":634532,"date":"2018-01-17T04:14:28","date_gmt":"2018-01-17T04:14:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/eppc-to-invest-usd-890-in-port-said-expansion\/"},"modified":"2018-01-17T04:14:28","modified_gmt":"2018-01-17T04:14:28","slug":"eppc-to-invest-usd-890-in-port-said-expansion","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/eppc-to-invest-usd-890-in-port-said-expansion\/","title":{"rendered":"EPPC to invest USD 890 in Port Said expansion"},"content":{"rendered":"

INVESTMENT WATCH-<\/strong> The Egyptian Propylene & Polypropylene Company (EPPC) is reportedly planning to spend USD 890 mn over the next two years on expansion plans, Al Mal reports<\/a>. The company has received the Irrigation Ministry's\u2019 approval to acquire a 20-feddan land plot in Port Said for the project, which is expected to increase production to 600k tonnes a year. Karim Saada, the regional director at Amwal Al Khaleej (which owns 16.4% of EPPC), had said last year<\/a> that the company plans to invest USD 1 bn in expansion during 1Q2018. Amwal Al Khaleej is planning on funding the expansion through an IPO of EPPC which was slated for 1Q2018<\/a>. There has been no update as of yet on the listing, which is being managed by EFG Hermes.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- The Egyptian Propylene & Polypropylene Company (EPPC) is reportedly planning to spend USD 890 mn over the next two years on expansion plans, Al Mal reports. The company has received the Irrigation Ministry's\u2019 approval to acquire a 20-feddan land plot in Port Said for the project, which is expected to increase production to […]<\/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-634532","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"8f7dd631-e2b3-4d64-a7fc-b5b36d7cdcf9","order":"0","is_powered_by":true,"section_story_id":"fc4ce158-9b2a-4c7d-a4e7-58a6fb68c82a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634519],"teaser":"","voice_url":""},"yoast_head":"\nEPPC to invest USD 890 in Port Said expansion - 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\/01\/17\/eppc-to-invest-usd-890-in-port-said-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EPPC to invest USD 890 in Port Said expansion\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- The Egyptian Propylene & Polypropylene Company (EPPC) is reportedly planning to spend USD 890 mn over the next two years on expansion plans, Al Mal reports. The company has received the Irrigation Ministry's\u2019 approval to acquire a 20-feddan land plot in Port Said for the project, which is expected to increase production to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/eppc-to-invest-usd-890-in-port-said-expansion\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-17T04:14:28+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/eppc-to-invest-usd-890-in-port-said-expansion\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/eppc-to-invest-usd-890-in-port-said-expansion\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EPPC to invest USD 890 in Port Said expansion\",\"datePublished\":\"2018-01-17T04:14:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/eppc-to-invest-usd-890-in-port-said-expansion\/\"},\"wordCount\":132,\"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\/01\/17\/eppc-to-invest-usd-890-in-port-said-expansion\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/eppc-to-invest-usd-890-in-port-said-expansion\/\",\"name\":\"EPPC to invest USD 890 in Port Said expansion - 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