Manufacturing Industry
EGYPT: Tentative construction contract award for planned $80,000,000 polypropylene (PP) plant expansion project, TOYO ENGINEERING CORP. (TEC) [Japan] - Order #: 037303.
WWP- Report on Oil Gas & Petrochemicals in the Developing World, March, 2003
PROJECT OVERVIEW:
The local ORIENTAL PETROCHEMICALS CO. (OPC) currently operates a polypropylene (PP) plant on the Gulf of Suez that has an installed production capacity of 160,000 tons per year. And, OPC is soon expected to award a construction contract to Japan-based TOYO ENGINEERING CORP. (TEC) that will enable the doubling of production output.
In addition, the project will involve adding capacity to produce small quantities of impact co-polymers. The new facility is reportedly being developed to accommodate new propylene feedstock that will be coming from a planned propane dehydrogenation (PDH) unit that will be developed by OPC in joint venture with the EGYPTIAN PETROCHEMICALS CO. (ECHEM) and the NATIONAL INVESTMENT BANK (NIB)
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