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Company Profile

The Company incorporated to set up a green field project to manufacture 420,000 MTA PET resin. The project site is at Ain Sokhna, north west of Suez Gulf in private free zone. The plant was be built on Turn Key basis by Engineering, Procurement and Construction (EPC) Contractor Oerlikon Barmg of Germany. The civil construction of the project were be done by M\S Petrojet.

The Petrojet cost is about 160 million US Dollars. The term loans are being financed by IFC Washington, Commercial international Bank, Egypt and Ahli United Bank Egypt.