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CHAPTER THREE
Arab And World Developments
UAE
3.2%
Algeria
0.7%
Saudi Arabia
69.8%
Iraq
0.6%
Qatar
13.4%
Kuwait
8.7%
libya
1.9%
Egypt
1.7%
2-1 Egypt
Egypt is planning to build a major petrochemical complex in the
industrial zone alongside the Gulf of Suez, with an estimated cost of
$3.7 billion.
Egypt’s Tahrir Petrochemicals Company, in association with
the local Carbon Holdings Company, will set up the project. It
will have an output of 3.5 million tons/year of petrochemicals for
local consumption and export, including 1.3 million tons/year of
polyethylene, 662,000 tons/year of propylene, 414,000 tons/year of
benzene and 214,000 tons/year of butadiene. It is expected that the
construction of the project to start by end of 2013, after securing the
necessary funding for it. Its construction will take about three years
to complete. The project is expected to create some 20,000 direct job
Figure 3-12
Distribution of Total Ethylene Capacities in Arab Countries, 2011