EgyptAnod exports first calcined petroleum coke after long hiatus: Cabinet

EgyptAnode, a state-majority firm, exported its first shipment of calcined petroleum coke since restarting operations in October, more than two years after the plant was idled, the government announced Monday.

The initial shipment of 20,000 tons, produced from 27,000 tons of green petroleum coke, was shipped via Adabiya Port and valued at $2 million, the Ministry of Public Business Sector said in a statement. The factory, located in the Ain Sokhna Economic Zone, underwent comprehensive rehabilitation and maintenance to restore full production capacity.

The plant is currently operating at full capacity on its first line, with total annual output set to double to 260,000 tons by early 2026 when a second line comes online. Expected annual revenues are projected at roughly $25 million.

Minister of Public Business Sector Mohammed Sheemy said the restart demonstrates the government’s push to revitalise industrial production, boost exports, and deepen local content in strategic sectors such as aluminum.

In January 2025, EgyptAnod signed a five-year cooperation agreement with British Petroleum Energia España (BP Energía España) to enhance efficiency and expand production, strengthening the company’s competitiveness.

EgyptAnod is one of the Middle East’s earliest producers of roasted green petroleum coke and plays a key role in supplying essential raw materials for aluminum and related heavy industries. It is a private free zone company with 75 per cent of shares held by government entities and 25 per cent by the private sector. Government shareholders include the Holding Company for Metallurgical Industries, Egyptalum Technologies, ElNasr Mining, and the Egyptian Ferrous Alloys Company. The remaining 25 per cent is owned by ICTC, which also serves as the marketing arm for the company’s calcined petroleum coke.

Attribution: Amwal Al Ghad English