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Africa's Chemical Industry Sees $116 Billion in Grassroot Projects

Africa's Chemical Processing Industry is progressing steadily into 2024. Industrial Info is tracking 230 grassroot projects, totaling roughly US$116 billion of investment value

Released Tuesday, February 06, 2024

Africa's Chemical Industry Sees $116 Billion in Grassroot Projects

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Researched by Industrial Info Resources (Sugar Land, Texas)--Africa's Chemical Processing Industry is progressing steadily into 2024. Industrial Info is tracking 230 grassroot projects, totaling roughly US$116 billion of investment value, including those for agrochemicals, industrial gases, industrial inorganic chemicals, plastics/rubbers and other markets.

But the African sector's focus remains on agrochemicals projects, which total about US$34 billion of investment, and industrial gases, which total about US$50 billion.

Among the grassroot projects recently added to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project and Plant databases are Ain Sokhna's (Egypt) grassroot, 7-gigawatt (GW) green hydrogen power plant, which accounts for more than US$48 billion of investment.

Subscribers can click here for a list of detailed reports related to the Ain Sokhna project.

Subscribers can click here for a full list of detailed reports for active and planned projects in Africa's Chemical Processing Industry, and click here for a full list of related plant profiles.

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