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Brief About Company |
Company
foundation date: September 1999
Company`s Activity:
Establishing, managing, and operation of productive units
in the field of refining,
manufacturing and Petrochemical to produce various high quality petroleum and
petrochemicals products.
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| Contributors |
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Alexandria
Petroleum Company: 445 Million Egyptian Pounds (72%)
National
Bank of Egypt: 111 Million Egyptian Pounds (18%)
Bank
of Alexandria: 56 Million Egyptian Pounds (9%)
Misr
Insurance Company: 6 Million Egyptian Pounds (1%)
Total:
618 Million Egyptian Pounds |
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| Goals
of the Company |
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In the light of the policy of the Egyptian
Petroleum Ministry, for more production of the free of additives,
high-octane gasoline, And according to the country's directions
to protect the environment. In addition to cover the growing local
market demand. Moreover, to export the excess.Achieving the horizontal
integration between the refineries and petroleum and petrochemical
industries, both basic and specialized, and to increase the added
value. |
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| Naphtha Reformer Complex |
Purpose of Project:
- Producing
high octane gasoline (free of additives)
- Possibility
of using reformat components in petrochemicals production
- Protecting
the environment from the pollution resulting from using additives
- Increasing
forigen currency
- Availbility of
new jobs and limiting unemployment
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