Italy's Maire Tecnimont won a deal to develop facilities for a petrochemical complex at the entry of the Suez Canal in Egypt worth almost $1 billion, helping the engineering company expand its business in North Africa.
GE and Carbon Holdings have signed a $500 million agreement to provide technology and equity support to the greenfield naphtha cracker and olefins complex project of Tahrir Petrochemicals in Ain Sokhna, Egypt.
As part of the partn
Egypt Hydrocarbon Corporation (EHC), an affiliate of Carbon Holdings, announced that they have signed a $298 million loan facility and have begun work on a world-scale chemical complex in the Suez region of Egypt.
The complex includes both
Foster Wheeler has won a project management consultancy (PMC) contract from Carbon Holdings for a petrochemical complex in Ain Sokhna, Egypt, with a nameplate capacity to produce 1.35 million tons per annum of polyethylene.
The terms of th