Saudi Egyptian Petrochemical Spending $550 Million to Build the Largest Polyester Complex in the Middle East

Industrialinfo.com (Industrial Information Resources, Inc.; Houston, Texas). Saudi Egyptian Petrochemical Company (Cairo, Egypt) is constructing a $550 million polyester complex in El-Ameriya, Alexandria, Egypt.

  • E-Mail
By  Massoud Derhally Published  September 27, 2001

Industrialinfo.com (Industrial Information Resources, Inc.; Houston, Texas). Saudi Egyptian Petrochemical Company (Cairo, Egypt) is constructing a $550 million polyester complex in El-Ameriya, Alexandria, Egypt. Lurgi Zimmer (Frankfurt, Germany) is building the 300,000 ton per year complex that is expected to be completed by the first quarter of 2003.

The complex will consist of a 150,000 ton per year partially oriented yarn (POY) and textile chips unit, a 50,000 ton per year staple fibers unit, and a 100,000 ton per year polyester resins unit. This complex will be the largest polyester complex in the Middle East region.

Saudi Egyptian Petrochemical is a venture company of Saudi-based Jehan Group, The Egyptian General Petroleum Corporation and Al-Mauwakaba for Industrial Development & Overseas Commerce (Midroc).

Industrialinfo.com provides daily news related to the industrial market place including industry alerts and databases for the energy and industrial markets. For more information on trends and upcoming construction activities in the Chemical and Pharmaceutical industry as well as other industrial sectors send inquiries to chemicalsgroup@industrialinfo.com or visit us at www.industrialinfo.com.

Add a Comment

Your display name This field is mandatory

Your e-mail address This field is mandatory (Your e-mail address won't be published)

Security code