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
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
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 AMQalaa Holdings is considering expanding the capacity of Egyptian Refining Company to 800,000 tons.
Updated 3/21/2023 3:12:00 AM