Indorama considers investment opportunities in Egypt’s petrochemicals sector

Updated 10/17/2023 9:59:00 AM
Indorama considers investment opportunities in Egypt’s petrochemicals sector

Arab Finance: Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla has met with a delegation from the global petrochemicals producer Indorama Corporation to discuss potential investment opportunities in the value-added petrochemicals projects, a statement showed.

Both sides focused on the production of phosphorous fertilizers, metal silicone, and ammonia.

For his part, Indorama’s Vice Chairman Amit Lohia noted that a working group is currently conducting experiments on the mineral materials in Egypt, along with preparing feasibility studies for the potential projects to decide upon the best investment opportunity.

 

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