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Sidpec approves estimated budget for 2026

Sidi Kerir Petrochemicals Company (Sidpec) has approved its investment budget for 2026, which is estimated at approximately EGP 1.979 billion

Updated 12/30/2025 11:03:00 AM
Sidpec EGM nods to EGP 453.6M capital hike

The extraordinary general meeting (EGM) of Sidi Kerir Petrochemicals Company (Sidpec) approved raising the issued and paid-up capital to EGP 2.268 billion from EGP 1.814 billion.

Updated 10/21/2025 9:29:00 AM
Sidpec’s net profits fall 20.43% YoY in nine months

Sidi Kerir Petrochemicals Company (Sidpec) recorded net profits after tax valued at EGP 1.503 billion in the first nine months of 2025.

Updated 10/16/2025 9:26:00 AM
Sidpec’s net profit grows 5% YoY in Q1

Sidi Kerir Petrochemicals Company (Sidpec) has posted a 5.01% year-on-year (YoY) increase in net profit after tax during the first quarter (Q1) of 2025, registering EGP 587 million.

Updated 5/8/2025 9:28:00 AM
Sidpec’s OGM approves cash dividends for 2024

Sidi Kerir Petrochemicals Company’s (Sidpec) ordinary general meeting (OGM) greenlighted cash dividends distribution of EGP 1 per share for 2024

Updated 4/13/2025 11:07:00 AM
Sidpec sees 3.25% YoY profit uptick in 2024

Sidi Kerir Petrochemicals Company (Sidpec) posted a 3.25% year-on-year (YoY) uptick in net profits after tax during 2024.

Updated 1/23/2025 9:52:00 AM
Sidpec plans for hydrogen power plant, new sodium cyanide project

Sidi Kerir Petrochemicals Company (Sidpec) intends to establish a hydrogen-powered plant with a capacity of 14 megawatts in 2025.

Updated 1/8/2025 5:54:00 AM
Sidi Kerir targets EGP 1.64B profits in 2025

Sidi Kerir Petrochemicals (Sidpec) targets achieving net income valued at EGP 1.64 billion for 2025

Updated 12/31/2024 10:47:00 AM
Sidi Kerir’s profits surge 4.09% YoY in 9 months

Sidi Kerir Petrochemicals (Sidpec) reported a 4.09% year-on-year increase in net profit after tax for the first nine months of 2024.

Updated 11/17/2024 10:50:00 AM
EGX nods to listing EGP 302.4M capital increase for Sidpec

The Egyptian Exchange’s (EGX) Listing Committee has approved listing an increase of EGP 302.4 million for Sidi Kerir Petrochemicals’ (Sidpec) issued and paid-up capital.

Updated 9/25/2024 11:30:00 AM
Sidpec nods to capital increase via bonus shares distribution

Sidi Kerir Petrochemicals Company’s (Sidpec) ordinary and extraordinary general meetings (OGM and EGM) approved increasing the issued and paid-up capital by EGP 302.4 million distributed over 151.2 million shares at a par value of EGP 2 per share.

Updated 9/24/2024 12:21:00 PM
Sidpec, Ethydco merger to finalize next month

The all-share merger between state-owned Egyptian Ethylene and Derivatives Company (Ethydco) and Sidi Kerir Petrochemicals (Sidpec) is set to be completed next month, Al Borsa News reported citing unnamed sources familiar with the matter.

Updated 9/24/2024 11:11:00 AM
Sidpec’s EGM nods to EGP 302.4M capital hike

Sidi Kerir Petrochemicals Company’s (Sidpec) extraordinary general meeting (EGM) approved increasing the issued and paid-up capital by EGP 302.4 million distributed over 756 million shares at a par value of EGP 2 per share.

Updated 9/1/2024 12:14:00 PM
Sidpec-Ethydco merger returns to financial evaluation stage

The all-share merger between state-owned Egyptian Ethylene and Derivatives Company (Ethydco) and Sidi Kerir Petrochemicals (Sidpec) has returned to the financial evaluation stage.

Updated 8/7/2024 7:51:00 AM
Sidpec sees 1.4% YoY profit uptick in H1 2024

Sidi Kerir Petrochemicals Company (Sidpec) posted a 1.41% year-on-year (YoY) uptick in net profits after tax during the first half (H1) of 2024.

Updated 7/28/2024 1:14:00 AM
Sidpec’s net profit grows 7.58% YoY in Q1

Sidi Kerir Petrochemicals Company (Sidpec) (SKPC) has posted a 7.58% year-on-year (YoY) increase in net profit after tax during the first quarter (Q1) of 2024, registering EGP 559.473 million, from EGP 520.067 million.

Updated 6/2/2024 9:22:00 AM
Sidi Kerir discloses dividends payment date for 2023

Sidi Kerir Petrochemicals Company (Sidpec) has decided to distribute cash dividends of EGP 1.25 per share to shareholders for 2023, according to a disclosure on April 30th.

Updated 4/30/2024 8:51:00 AM
Hitachi Zosen signs MoU to establish Sidpec’s methane production unit

Sidi Kerir Petrochemicals Company (Sidpec) has signed a memorandum of understanding (MoU) with the greentech firm Hitachi Zosen Inova AG to provide the engineering designs needed for the establishment of Sidpec’s methane production unit.

Updated 2/21/2024 2:48:00 AM
Sidi Kerir’s profits surge 98.6% YoY in 2023

Sidi Kerir Petrochemicals (Sidpec) posted a 98.63% year-on-year increase in net profits after tax in 2023.

Updated 1/23/2024 10:17:00 AM
Sidi Kerir’s profits surge 144% YoY in 9 months

Sidi Kerir Petrochemicals (Sidpec) reported a 143.7% year-on-year increase in net profit after tax for the first nine months of 2023.

Updated 11/6/2023 10:30:00 AM