EGYPT

Enichem to Conduct Feasibility Study on Joint Venture Ethylene Plant

The ENI subsidiary Enichem is to conduct a feasibility study on a projected $250mn joint venture ethylene plant to be constructed at Egypt's petrochemical complex at al'Amiriya near Alexandria. Enichem's partner will be the state-owned Egyptian Petrochemical Company (EPC). The study is due for completion in six months and its cost of $1mn will be borne by Enichem which will decide on the source of the...