The Egyptian Petrochemicals Holding Company (ECHEM) has reported strong results for fiscal year 2024/2025, underscoring its expanding role in supporting the national economy and Egypt’s strategy to become a regional energy and manufacturing hub.
During the company’s General Assembly, Minister of Petroleum and Mineral Resources Karim Badawi highlighted that new petrochemical projects are central to the Ministry’s strategy to maximize the added value of Egypt’s natural resources. He emphasized that ongoing investments will create a qualitative shift in the industry, with natural gas remaining the main feedstock for expansion.
ECHEM Chairman Ibrahim Mekki confirmed that the company’s annual production capacity has reached 4 million tons, significantly meeting local demand while boosting export opportunities. He added that the company attracted EGP 8.7 billion in investments during the year and achieved savings of about EGP 30 million through energy-efficiency measures.
Key projects under development include the Suez Methanol Derivatives Company, a large petrochemical complex in the Suez Canal Economic Zone, and an ethane supply chain initiative expected to lift annual exports to USD 4 billion by 2030. Green projects are also advancing, ranging from sustainable aviation fuel and bioethanol to green ammonia and wood technology from rice straw. ECHEM is further expanding in New Alamein City with projects such as soda ash and mineral silicon production, reinforcing its position in both domestic and global markets.
