The Minister of Petroleum: Maximizing the production of petrochemicals develops the economy and provides raw materials

Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, continued his expanded inspection trips in petrochemical production complexes in Alexandria Governorate, which included factories & nbsp; Sidi Kerir Petrochemical & Ldquo; Sidk & LDQUO; I was accompanied by Eng. Ibrahim Makki, President of the Egyptian Holding Company for Petrochemical and Engineer Mahmoud Abdel Hamid, President of the Egyptian Holding Company for Natural Gas and a number of ministry leaders and heads of sector companies. On the Ministry’s interest in this sector, which represents & nbsp; The second axis of the Ministry’s strategy.
& nbsp; Export.
& nbsp; Noting the importance of working to provide innovative solutions and use modern technology to maximize the exploitation of productive energies in petrochemical factories based on the use of gas rich in derivatives as a raw material. He stressed that the Ministry’s efforts to secure the infrastructure of gas supplies and change ships & nbsp; It helped support the operation of the factories, increase their production, and achieve the maximum benefit of gas. Petrochemicals, in a way that contributes to efforts to stimulate investment for partners in increasing local production of this type of gas to direct it to industries with added value instead of traditional consumptions.
& nbsp; Polyethylene is one of the basic materials that enter many industries such as construction, construction, gas pipes, water and drainage, as well as packaging industries, medical supplies, etc.
& nbsp; The needs of the local market are exporting the surplus, as the minister & nbsp; the project to increase the storage energy for the company’s products, which will help its implementation to give flexibility to face any challenges related to price fluctuations and global supply chains, and choose the appropriate time to sell products at the best prices.
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