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Egypt’s Downstream Operations and Opportunities: Sidpec growth strategy built on product quality, export experience

01/28/2008
Turning crude oil and natural gas components into basic and intermediate petrochemicals adds significant value to petroleum reserves. The country that produces these products from its raw materials best serves its economy and its citizens’ long term interests.With significant natural petroleum resources to serve as feedstock, growing domestic product demand and expanding export market opportunities, Egypt has a promising future in petrochemical manufacturing.Considered the first integral step towards realizing this bright future was the formation of Sidi Kerir Petrochemicals Co. (Sidpec) as an Egyptian joint stock company in November 1997. Privatization of the company in 2005 throug...
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