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E-Chem in talks with Frances Total to establish an olefin project

December 12/2011

(Arabian oil and gas) -- Egyptian Petrochemicals Holding (E-Chem) is in talks with Frances Total to establish an olefin project in the induatrial zone located north-west the Gulf of Suez, according to local media.

E-Chem in talks with Frances Total to establish an olefin project

We expect to sign the deal in the near future, al-Masri al-Yawm newspaper quoted an official from the Ministry of Petroleum as saying. The project would cost USD3bn, and will produce 470,000 t/y of polypropylene and other products.


The project will be executed in three years. The project will boost Egypts production capacity of polyolefins, the source added.


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