IHS Chemical Week

GE to provide technologies, financing Egypt cracker

11:26 AM MST | November 19, 2013

General Electric (GE) and Carbon Holdings (Cairo) have signed a $500-million agreement, under which GE will provide technology and equity support for a world-scale petrochemical complex at Ain Sokhna, Egypt, GE announced on 18 November. GE will provide equity financing and advanced technologies to the planned Tahrir Petrochemicals complex. Technologies to be provided include advanced aero-derivatives gas turbines, steam turbines, generators, water filtration and desalination equipment, turbo machinery compressors, and industrial solutions services. The Tahrir...

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