Middle East Economic Survey

VOL. LIII

No 9

01-March-2010

Petrochemicals Hub Planned For Egypts 'Ain Sukhna

The privately owned petrochemicals hub being planned for Egypts 'Ain Sukhna industrial zone will comprise three projects needing total investment of over $5bn, MEES learns. Being implemented by Carbon Holdings, which aims to develop new downstream oil and gas infrastructure, it will host polyethylene, methanol and ammonium nitrate projects. Carbon Holdings has already brought in...