{"id":650270,"date":"2017-03-20T04:06:56","date_gmt":"2017-03-20T04:06:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/20\/oil-ministry-sidi-kreir-to-establish-usd-1-bn-polypropylene-factory\/"},"modified":"2017-03-20T04:06:56","modified_gmt":"2017-03-20T04:06:56","slug":"oil-ministry-sidi-kreir-to-establish-usd-1-bn-polypropylene-factory","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/20\/oil-ministry-sidi-kreir-to-establish-usd-1-bn-polypropylene-factory\/","title":{"rendered":"Oil Ministry, Sidi Kreir to establish USD 1 bn polypropylene factory"},"content":{"rendered":"

The Oil Ministry and the Chemical Industries Holding Company are planning to cooperate with Sidi Kreir Petrochemicals to establish a polypropylene factory in Alexandria with investments of up to USD 1 bn, Al Borsa<\/a> reports. The factory is targeting an annual production capacity of 450 tonnes to cover around 50% of the market\u2019s needs of polypropylene, chairman of Sidi Kreir Petrochemicals Osama Mahdy said.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Oil Ministry and the Chemical Industries Holding Company are planning to cooperate with Sidi Kreir Petrochemicals to establish a polypropylene factory in Alexandria with investments of up to USD 1 bn, Al Borsa reports. The factory is targeting an annual production capacity of 450 tonnes to cover around 50% of the market\u2019s needs of […]<\/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":[7255],"tags":[72,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-650270","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-enterpriseam","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"67781825-dc29-46e2-8fdf-3561471487df","order":"0","is_powered_by":true,"section_story_id":"093a0c71-a03a-48f6-a825-5562d3376771","story_type":"1","photo_url":"","photo_position":"above","related_issue":[650238],"teaser":"","voice_url":""},"yoast_head":"\nOil Ministry, Sidi Kreir to establish USD 1 bn polypropylene factory - 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\/03\/20\/oil-ministry-sidi-kreir-to-establish-usd-1-bn-polypropylene-factory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil Ministry, Sidi Kreir to establish USD 1 bn polypropylene factory\" \/>\n<meta property=\"og:description\" content=\"The Oil Ministry and the Chemical Industries Holding Company are planning to cooperate with Sidi Kreir Petrochemicals to establish a polypropylene factory in Alexandria with investments of up to USD 1 bn, Al Borsa reports. The factory is targeting an annual production capacity of 450 tonnes to cover around 50% of the market\u2019s needs of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/20\/oil-ministry-sidi-kreir-to-establish-usd-1-bn-polypropylene-factory\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-20T04:06:56+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\/2017\/03\/20\/oil-ministry-sidi-kreir-to-establish-usd-1-bn-polypropylene-factory\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/20\/oil-ministry-sidi-kreir-to-establish-usd-1-bn-polypropylene-factory\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Oil Ministry, Sidi Kreir to establish USD 1 bn polypropylene factory\",\"datePublished\":\"2017-03-20T04:06:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/20\/oil-ministry-sidi-kreir-to-establish-usd-1-bn-polypropylene-factory\/\"},\"wordCount\":72,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Manufacturing\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/20\/oil-ministry-sidi-kreir-to-establish-usd-1-bn-polypropylene-factory\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/20\/oil-ministry-sidi-kreir-to-establish-usd-1-bn-polypropylene-factory\/\",\"name\":\"Oil Ministry, Sidi Kreir to establish USD 1 bn polypropylene factory - 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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":634984,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/30\/sidi-kerir-petrochemicals-signs-gas-electricity-supply-contracts-with-gasco-ethydco\/","url_meta":{"origin":650270,"position":1},"title":"Sidi Kerir Petrochemicals signs gas, electricity supply contracts with GASCO, ETHYDCO","author":"enterpriseam admin","date":"30 January 2018","format":false,"excerpt":"Sidi Kerir Petrochemicals (SIDPEC) signed yesterday a contract with the Egyptian Natural Gas Company (GASCO) to supply propane gas and another contract with the Egyptian Ethylene & Derivatives Company (ETHYDCO) to supply electricity for SIDPEC\u2019s propylene and polypropylene factory, according to a statement to the EGX.","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":602079,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/18\/sidpec-propylene-factory-to-be-70-financed-through-debt-from-egypt-banks\/","url_meta":{"origin":650270,"position":2},"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). 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