Middle East Economic Survey

VOL. L

No 5

29-Jan-2007

EGYPT

Sponsors Seek Finance For Two Egyptian Petrochemical Projects

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