{"id":642932,"date":"2017-08-27T03:51:46","date_gmt":"2017-08-27T03:51:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/27\/carbon-holdings-making-a-splash\/"},"modified":"2017-08-27T03:51:46","modified_gmt":"2017-08-27T03:51:46","slug":"carbon-holdings-making-a-splash","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/27\/carbon-holdings-making-a-splash\/","title":{"rendered":"Carbon Holdings making a splash"},"content":{"rendered":"

<\/a> INVESTMENT WATCH- Carbon Holdings expects to break ground by June 2018 on its <\/strong>USD 10.6 bn Tahrir petrochemicals complex <\/strong>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<\/a>.\u201d Tahrir Petrochemicals will be built in the Suez Canal Economic Zone and is being funded by development finance institutions from the US, Germany and the UK, with talks to be concluded and building started by June. The firm already has projects that have started production: a polypropylene plant and a mining grade ammonium nitrate plant. Expectations are for Tahrir to create 50k jobs once it ramps up operations and will help \u201cdouble Egypt\u2019s exports within one year of coming online<\/strong> after its five-year construction,\u201d the newswire says. Tahrir CEO Basil El-Baz told Reuters the project will spend at least USD 1.5-2 bn of the project budget on goods sourced in Egypt. El-Baz said the company is also eying a potential stock market listing<\/strong>, but offered no further details.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 be built in the Suez […]<\/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-642932","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"42686a2f-90d4-42b6-87fa-8075d095abd7","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[642925],"teaser":"","voice_url":""},"yoast_head":"\nCarbon Holdings making a splash - 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\/2017\/08\/27\/carbon-holdings-making-a-splash\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Carbon Holdings making a splash\" \/>\n<meta property=\"og:description\" content=\"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 be built in the Suez […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/27\/carbon-holdings-making-a-splash\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-27T03:51:46+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\/2017\/08\/27\/carbon-holdings-making-a-splash\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/27\/carbon-holdings-making-a-splash\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Carbon Holdings making a splash\",\"datePublished\":\"2017-08-27T03:51:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/27\/carbon-holdings-making-a-splash\/\"},\"wordCount\":180,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/27\/carbon-holdings-making-a-splash\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/27\/carbon-holdings-making-a-splash\/\",\"name\":\"Carbon Holdings making a splash - 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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 "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":[]},{"id":630452,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/carbon-holdings-to-reach-financial-close-on-tahrir-petrochem-complex-by-years-end\/","url_meta":{"origin":642932,"position":1},"title":"Carbon Holdings to reach financial close on Tahrir petrochem complex by year\u2019s end","author":"enterpriseam admin","date":"22 April 2018","format":false,"excerpt":"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\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":[]},{"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":642932,"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 "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":[]},{"id":621620,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/carbon-holdings-usd-11-bn-petrochemicals-projects-gets-spotlight-in-the-african-investment-forum\/","url_meta":{"origin":642932,"position":3},"title":"Carbon Holdings\u2019 USD 11 bn petrochemicals projects gets spotlight in the African Investment Forum","author":"enterpriseam admin","date":"13 November 2018","format":false,"excerpt":"Carbon Holdings showcased its USD 11 bn Tahrir Petrochemicals Complex (TPC) at the African Investment Forum in Johannesburg last week, it said in a statement. \u201cThe Africa Investment Forum represents an important opportunity for us to exhibit our proposed circa USD 11 bn TPC polyolefins plant as an example of\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"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":642932,"position":4},"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). The 5 mn\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":[]},{"id":603086,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/carbon-begins-construction-of-usd-11-bn-tahrir-petchem-complex\/","url_meta":{"origin":642932,"position":5},"title":"Carbon begins construction of USD 11 bn Tahrir Petchem Complex","author":"enterpriseam admin","date":"15 April 2019","format":false,"excerpt":"Carbon breaks ground on USD 11 bn Tahrir Petchem Complex: Carbon Holdings has broken ground on its USD 10.9 bn Tahrir Petrochemicals Complex (TPC) in Ain Sokhna\u2019s economic zone, Suez Canal Authority head Mohab Mamish said in a statement. 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