Egypt's Chemical Industry Features $40 Billion in Investments

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Researched by Industrial Info Resources (Sugar Land, Texas)--In recent years, the Chemical Processing Industry of Egypt has witnessed unprecedented growth in terms of new investments and exports of various products, especially fertilizers.

After hosting the COP 27 United Nations Climate Change Conference in November 2022, Egypt witnessed a flurry of investments to develop new facilities, especially to produce green energy products, and increase production capacities to meet rising export demand, strengthen the economy and fulfill the commitment to reduce carbon emissions.

Along with Oman, Egypt is a top choice of investors for green chemical projects. It is working on chemical projects worth almost US$40 billion, including green energy projects worth more than US$22 billion. From May 2021 to May 2023, it commissioned chemical facilities with a total value of US$2.92 billion, including its first green hydrogen plant in the Ain Sokhna region. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a list of detailed project reports.

Industrial Info is tracking 77 capital chemical projects, including 48 grassroot projects, in Egypt worth US$38 billion that are scheduled to kick off in the next two years. The industrial gases sector leads with more than US$17 billion for 20 projects, followed by the agrochemicals sector with US$13.8 billion for 37 projects. Subscribers can click here for a list of detailed project reports.

Click on the image at right for a graph showing Egypt's chemical project kickoffs for the next two years.

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 more than 200,000 current and future projects worth $17.8 Trillion (USD).