The foundation stone was laid on 27 October 2010 for an ethylene manufacturing plant at TCI Sanmar, Port Said, Egypt.
As a Phase II extension of the TCI Sanmar plant for PVC production, the new facility is expected to be operational in 24 months.
The largest plant in the Middle East for ethylene production from agricultural materials, the facility is coming up in an area of 23 acres land allotted by the Port Said Governorate.
The two new projects in Phase II – to produce ethylene to meet the entire captive requirement and enhance the annual PVC production from 200,000 to 400,000 tons will have the benefit of The Sanmar Group’s experience of over 40 years in the chemical field.
Technology from the world renowned Ineos Vinyls, UK, one of the five largest producers of PVC in the world, will be used for the PVC expansion project.
With these initiatives, the total investment of TCI Sanmar Chemicals at Port Said will reach US$ 1.26 billion, the largest offshore investment from India in Egypt in the chemical field.
The facility can provide direct and indirect employment to about 1000 people and benefit some 3000 families.
The plant will strictly adhere to the Zero Liquid Discharge principle. The effluent generated within the plant will be fully treated, recycled and reused. The project adheres to the Equator principles set out by the World Bank at both the project implementation and operation stages.
(From l to r): Mostafa M Saad, PS Jayaraman, HE R Swaminathan, Ambassador of India in Egypt, HE Gen Mostafa Abd El Lateif Said, Governor of Port Said and R Kalidas.