Key Data:
Project backers
Saudi Arabian Jehan Group Holding Company, Al-Muwakaba for Industrial Development & Overseas Commerce (Midroc) and The Egyptian General Petroleum Corporation
Project location
Alexandria, Egypt
Production capacity
100,000tpa POY and textile chips, 50,000tpa staple fibre and 150,000tpa polyester resin
Project advisors
PCI Consulting, Pace Consultants, Cadwalader, Wickersham & Taft, Sigma Capital and Arthur Andersen
Project management
Midroc Engineering
Construction contract
Lurgi Zimmer AG, Fluor Daniel, DuPont Technology
Feedstock supply
Interquisa
Offtake agreement
Polytrade