The Egyptian Petrochemical Holding Company Alexandria National Refining and Petrochemical Company (ANRPC) and a private corporation are planning to invest $380 million (€351 million) to build a sustainable aviation gas (SAF) plant.
Once completed it’ll have the ability to provide 120,000 tonnes of SAF per annum in Egypt from used cooking oil to the use of the HEFA pathway.
The project is predicted to be installed except ANRPC in Alexandria and could be integrated with the arena’s corporations.
The news was posted using the Egyptian information outlet Asharq Business.
The Egyptian Petrochemical Holding Company is about to gather 70% of the challenge’s capital, even as ANRPC will acquire 15% and the private agency 15%.
Earlier in October 2023, Egypt’s Minister of Petroleum and Mineral Resources Tarek El Molla met with Mohammed Mohaisen, Middle East, North Africa, Middle Asia and Turkey CEO, Honeywell, as well as Khaled Hashem, President, Honeywell Egypt, to talk about the capacity for SAF tasks in UAE.
In addition, the proposed SAF plant’s feasibility observation turned into presented at the meeting, highlighting the capability for establishing a brand new employer in partnership with the Ministry of Petroleum and Mineral Resources, represented using the Egyptian Petrochemical Holding Company, and private area organizations.
