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Egypt’s Downstream Operations and Opportunities: Three-phase plan will create a world-class petrochemical industry

01/28/2008
Rising oil and gas prices have made those basic commodities increasingly valuable to countries with substantial proven reserves and attractive exploration prospects. Even more value is added when a portion of those national resources can be used to manufacture petrochemical “building blocks” and finished products.Not all countries are equipped to make the investment needed to build a petrochemical industry; Egypt is fortunate to have that capability. In addition, it has a petrochemical master plan that will increase the value of its petroleum reserves, serve a growing domestic market for petrochemical products, and provide new export revenue.The same advantages that have helpe...

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