Production of Ethylene and its derivatives in Port Said

ECHEM Company

Production of Ethylene and its derivatives in Port Said	Project Name
Port Said	Project Location
Producing of Ethylene and converting it to mono ethylene glycol using ethane gas ,that is planned to be produced by the United Gas Derivatives Company in Port Said	Project Objective
Covering the demands of the local market of mono ethylene glycol Providing the feedstock required for some national plan projects instead of importing them ,since mono ethylene glycol is used as a feedstock in Polyester Project Maximizing the added value of the gas by converting it into higher valued petrochemical substances Contributing to creating new job opportunities	Project Description
300 thousand ton/year of Ethylene, to be converted into 500 thousand ton/year of Ethylene Glycol	Production Capacity
3 years	Duration of implementation
1000 million dollars(estimated)	Total Cost
Understudy	Rate of Return of Capital
The Egyptian Petrochemical Holding Company	Responsible Entity for the Project
Negotiating currently with more than a strategic investor to select the best offer	Shareholders
Partners financing and Banking loans	Financing
In 2014	Start up date