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Toyo Engineering awarded contract for polyethylene plant in Egypt

1:14 AM MDT | April 2, 2013 | Deepti Ramesh

Toyo Engineering (Narashino, Japan) says it has been jointly awarded with the Engineering for the Petroleum & Process Industries (Enppi; Cairo), a contract to build a 400,000-m.t./year polyethylene (PE) plant at Alexandria, Egypt. The contract, which is valued at about $400 million, was awarded by the Egyptian Ethylene and Derivatives Co. (Ethydco). The PE plant, which will be part of Ethydco's petrochemical complex at Alexandria, is expected to become operational in early 2015. It will be the largest PE plant in Egypt, Toyo says. Toyo and Enppi, based on PE...

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