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Egypt to Invest in Hydrogen Technologies

Egypt is one of the largest chemical producers in the Middle East and has become one of the top choices for investors in the region.

Released Wednesday, June 05, 2024

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Researched by Industrial Info Resources (Sugar Land, Texas)--Egypt is one of the largest chemical producers in the Middle East and has become one of the top choices for investors in the region. The country is set to kick off chemical projects worth US$51.18 billion, including grassroot, unit addition and expansion projects, over the next three years. Most of these are grassroot projects for green hydrogen and green ammonia.

Examples include H2-Industries SE's (Munich, Germany) US$4 billion waste-to-hydrogen plant in Port Said, which is expected to begin construction late next year and, upon completion in 2028, will process more than 4 million metric tons of organic waste and nonrecyclable plastic as feedstock to produce more than 347 million cubic feet of hydrogen per day. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing by the project report.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).

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