Tags Result

Qalaa Holdings’ ERC pays $417M of debts

Egyptian Refining Company (ERC), a subsidiary of Qalaa Holdings, paid $417 million of its debt, lowering the senior debt balance to $63 million from $2.35 billion

Updated 21m6h
Egypt targets mid-2025 completion for coking, diesel complex in Suez

The Egyptian Ministry of Petroleum and Mineral Resources is aiming to finalize the construction of the coal and diesel production complex at the Suez Refinery by mid-2025.

Updated 10/8/2024 9:28:00 AM
ERC plans to ramp production up by 10% within 3 years: Chairman

The Egyptian Refining Company (ERC), a subsidiary of Qalaa Holdings, is considering investing $150 million to scale production up by around 10% over the coming three years.

Updated 11/28/2023 7:31:00 AM
Qalaa Holdings mulls boosting ERC’s capacity

Qalaa Holdings is considering expanding the capacity of Egyptian Refining Company to 800,000 tons.

Updated 3/21/2023 3:12:00 AM