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16675 / +20(2)33357575

shd@sigma-capital.com

SIGMA Max
Corporate

09-06-2026

ECHEM Reviews Sidpec Performance, Safety Compliance

Source: MIST

Egypt OIL & GAS-


The Egyptian Petrochemicals Holding Company (ECHEM) reviewed key performance indicators of its affiliate, Sidi Kerir Petrochemicals Company (Sidpec), during a production committee meeting. Discussions covered occupational health and safety, environmental standards, production rates, and the performance of operating units.

The committee also focused on ensuring the consistent supply of natural gas and necessary production inputs to maintain stable and efficient operations, noted a statement by the Ministry of Petroleum and Mineral Resources (MoPMR).

During the meeting, held at Sidpec’s headquarters in Alexandria, ECHEM Chairman Alaa El Din Abdel Fattah affirmed that the petrochemical industry serves as a crucial pillar for maximizing the added value of Egypt’s petroleum resources.

ECHEM unveiled in March a five-year plan to launch 10 projects targeting the localization of over 20 petrochemical products for domestic and international markets. The plan envisions a total production capacity of 7.5 million tons (mmt) and investments estimated at $11 billion.

He stressed the importance of enhancing operational efficiency and increasing production volumes to satisfy local market demand and capture export opportunities, ultimately strengthening the country’s economic returns.

Following the meeting, Abdel Fattah toured Sidpec’s facility to assess operational regularity and engage with staff.

Sidpec is engaged in the production and distribution of petrochemical products, mainly ethylene, polyethylene, butane, and naphtha, among others.In 2025, Sidpec produced about 233,000 tons of ethylene and 188,000 tons of polyethylene. The company is expanding globally, with its products reaching 57 countries, and a focus on new markets in South America.

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EGX30

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NameLastChCh%
EGX30 52,425.87 543.06 %1.05
EGX100 21,488.35 307.75 %1.45
EGX70E 15,604.67 260.38 %1.70
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Market Breadth ***

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Unchanged83%
Total232
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*** Equities only, OPR not Include, OTC included

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