Maximizing the benefit of the petrochemical industry is one of the main pillars of the strategy of the Ministry of Petroleum and Mineral Resources to create added value being one of the most important strategic industries on which many complementary industries are based on in the country in order to meet the growing needs of petrochemical products in different fields. In addition, it has a direct impact on supporting the national economy.
Petrochemicals are used in the production of various products such as paints, rubber, plastics, detergents, dyes, fertilizers, pestisidestisides, textiles, solvents, cosmetics, medicines, pipes and other materials.
The petrochemical industry has witnessed remarkable progress in recent years, as a number of petrochemical projects have been operated with a total investment of about $ 4.5 billion.
In its commitment to complement the petroleum sector's strategy to promote the petrochemical industry and attract more foreign investments, the Egyptian Petroleum Holding Company is currently developing a number of promising new projects aimed at maximizing the value added and will have a positive impact on the national economy as follows: