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Published 28 days ago

Minister of Petroleum reviews progress at Suez Methanol Derivatives plant in Damietta - Dailynewsegypt

Summary by Daily News Egypt
Tarek El Molla, Minister of Petroleum and Mineral Resources, recently reviewed the ongoing construction of the Suez Methanol Derivatives Company’s facility. Situated within the Egyptian Petrochemicals Holding Company (ECHEM) in Damietta Port, the plant spans 100,000 sqm and is backed by a $120m investment. The company has secured full capitalization for the project, ensuring the investment cost is completely covered. El Molla highlighted the pro…

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Minister of Petroleum reviews progress at Suez Methanol Derivatives plant in Damietta - Dailynewsegypt

Tarek El Molla, Minister of Petroleum and Mineral Resources, recently reviewed the ongoing construction of the Suez Methanol Derivatives Company’s facility. Situated within the Egyptian Petrochemicals Holding Company (ECHEM) in Damietta Port, the plant spans 100,000 sqm and is backed by a $120m investment. The company has secured full capitalization for the project, ensuring the investment cost is completely covered. El Molla highlighted the pro…

28 days ago·Egypt
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