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World News and Views :: Projects

Egyptian president opens EStyrenics' complex at Alexandria

2:56 AM MST | November 12, 2012 | Natasha Alperowicz

Egypt’s president Mohamed Morsi has opened a complex producing styrene and polystyrene at the Dekheila Port at Alexandria, Egypt. The plant was built by the Egyptian Styrenics Production Co. (EStyrenics; Nasr City, Egypt) at a total investment cost of $408 million. EStyrenics is owned by a number of local interests, including Echem, which holds 35%, the National Investment Bank (20%), Ministry of Finance (20%), Petrojet (15%), and Enppi (10%).   The plant will produce 300,000 m.t./year of ethyl benzene styrene monomer (EB-SM) and 200,000 m.t./year of...

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