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Country-Plan Projects and Tenders |
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6836 Subject |
400 مليون دولار لمشروع لانتاج الميثانول وتنافس بين شركتين من الهند Two Indian Groups competing for a $ 400 million project in Egypt to produce methanol. |
| Date Published | Monday, August 30, 2004 |
| Source Name | Asharq Al Awsat |
| Location Name | Country Wide |
| Description | According to Egypt Minister of Petroleum, Eng. Sameh Fahmy, two Indian Groups (one of them identified as Indorama) are competing for a $ 400 million project in the country to produce methanol. Client is the Holding Co. for Petrochemicals. Eng. Fahmy said Egypt would hold not less than 50% equity share in the project. [Worth indicating is that Perla Group of India has also tangible investments in Egypt in the production of carbon black & acrylic] |
| Sectors Section |
Beneficiary Sectors - Construction Projects Integrated works - Petroleum - Oil, Gas & Petrochemicals Petrochemicals - Industry Petrochemicals |