ThyssenKrupp Group, the German steelmaker, said Monday its Uhde technology company has been commissioned by the Egyptian Propylene & Polypropylene Company (EPPC), under the lead of Oriental Weavers Group, to build a turnkey petrochemical complex in Port Said, Egypt.
The complex will consist of a propylene plant and a polypropylene plant, each with production capacities of 350,000 tons annually.
EPPC is investing $680 million in the new petrochemical complex, which is expected to be completed by late 2009. Propane from Egyptian natural gas deposits will be used as the feedstock.
The new propylene plant will mark the first time that Uhde's STAR (STeam Active Reforming) process, for dehydrogenating light hydrocarbons, will be used for commercial-scale production of propylene from propane.
The polypropylene (PP) plant will produce PP plastic pellets. EPPC will supply the PP to both domestic and export markets.