Egypt’s ECHEM boosts its Production Units’ Capacity by 25%

The Egyptian Petrochemicals Holding Company (ECHEM) has implemented a project to develop its production units so as to increase the capacity by 25 %, Said Mohamed Saafan -CEO- on Tuesday.

The total cost of the projects is estimated at EGP45 million (US$ 5.8 million), the chairman stated, adding that the project also aimed at increase the efficiency of Vinyl Chloride Monomer (VCM) unit.

He added that the project -that has been implemented in a short time- has boosted the production rate of Polyvinyl chloride from 65.000 tons to 90.000 tons that will contribute to increase the annual revenues to EGP 240 million in addition to rationalizing the use of raw materials.

Furthermore, ECHEM is currently rehabilitating and developing the control panel of the Polyvinyl chloride factory, Saafan noted, adding that the current fiscal year will witness a number of environmental projects such as implementing Environmental Monitoring unit and establish an integrated system to recycle waste.

Moreover, the chairman clarified that the company is currently studying the replacement and renewal of the Chlorine plant with investments worth €15 million.