VOL.XXXIXNo. 6125-November-1996EGYPT

EGPCAnd Phillips To Set Up Joint Venture HDP Plant The Egyptian General Petroleum Corporation (EGPC)and Phillips Petroleum Company of the US have signed a letter ofintent providing for the construction and operation of a 150,000 ton/year highdensity polyethylene (HDP) plant at al-'Amiriya petrochemicalcomplex near Alexandria in Egypt. EGPC and Phillips will now proceed tonegotiate definitive agreements. Construction of the plant could begin in1998, with...