The Egyptian Ethylene and Derivatives Company (ETHYDCO) reported strong operational and commercial performance, with total sales in domestic and export markets surpassing EGP 5.7 billion and exports rising by 5.4 per cent, according to statements made during the company’s general assembly meeting.
Chairman Hesham Riyad said the company exceeded its annual production target, achieving 102 percent of planned output with around 302,000 tonnes of ethylene and 305,000 tonnes of polyethylene. Export growth was supported by expanded market penetration in Latin America, particularly Brazil, alongside continued shipments to Africa, Europe and Turkey. Domestically, ETHYDCO’s products supplied more than 40 industrial complexes.
Minister of Petroleum and Mineral Resources Karim Badawi highlighted the company’s role in enhancing value-added processing of locally produced hydrocarbons and strengthening Egypt’s petrochemical manufacturing base. He urged the preparation of a comprehensive global market study to better position the company in markets increasingly governed by environmental and carbon-footprint standards.
ETHYDCO has also introduced new polyethylene grades for blow-moulding applications and pipeline protection, with products recently receiving SKZ Germany certification for use in water, gas and sewage infrastructure projects.
The company has further advanced its sustainability agenda by incorporating Scope 3 emissions into its carbon-footprint assessments and obtaining international environmental disclosure certification for polyethylene products. The minister called for the development of a five-year expansion strategy focusing on higher-value petrochemical products and deeper integration across Egypt’s petroleum and petrochemicals sector.