Middle East Economic Survey

VOL. L

No 11

12-Mar-2007

EGYPT

Egyptian Petrochemical Projects Move Ahead On Financing

The two Egyptian petrochemical projects, Egyptian Methanex Methanol (EMethanex) and Agrium Egypt for Nitrogenic Products (E-Agrium), which are seeking international bank participation, are moving ahead with their respective financings. E-Agrium, a joint venture between Canadas Agrium fertilizer company and Egyptian Petrochemicals Holding Company (ECHEM), advised by Royal Bank of...