Arab Finance: Company announced Sidi Kerir PetrochemicalsOn the company’s business results (unaudited) for the financial year ending in 31/12/2024which showed achieving a net profit of 2.539 billion pounds, compared to a net profit of 2.459 billion pounds for the same period of the previous year, with a growth rate of 3.25%.
Sidi Kerir Company is the first integrated step in the petrochemical industry in Egypt. It always seeks to participate in achieving national goals such as producing value-added products using available raw materials, as well as developing local industries that rely on those products. The company produces polyethylene (high-density and low-density linear ) Using ethylene, which is produced by processing ethane/propane gases – received from the Western Desert Gas Complex “GASCO Company” – within the framework of the best production technologies based on energy saving and environmental friendliness, “Egyptene” It is the trademark of the company's products and is considered one of the best known products in the polyethylene industry locally and internationally. The company also produces intermediate products such as butane and butane.
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