Egyptian Ethylene and Derivatives Company (Ethydco) reported export sales of US$211.8 million, reflecting growth of 5.4 percent, as the company strengthens its presence in Latin American, African, European, and Turkish markets, company Chairperson Hesham Riad said at the firm’s General Assembly.
Petroleum and Mineral Resources Minister Karim Badawi described Ethydco as a “distinguished Egyptian model” capable of competing in international markets, and an “ambassador” for the country’s petroleum and petrochemical sector. He highlighted the company’s ability to generate high added value from local petroleum resources through the production of high-quality polyethylene, contributing to the localisation of the industry.
Ethydco exceeded production targets, achieving 102 percent of its goals, with output totaling 302,000 tonnes of ethylene and 305,000 tonnes of polyethylene. These products are used in manufacturing a variety of plastic goods, including water, sewage, and gas pipes. Total sales across domestic and international markets surpassed EGP 5.7 billion, Riad said.
Riad attributed the company’s performance to the Ministry of Petroleum and Mineral Resources’ strategic support, including the provision of gas and ethane-propane mixtures through an integrated system. He added that Ethydco’s products currently serve the needs of more than 40 industrial complexes within Egypt.
Minister Badawi instructed Ethydco to conduct detailed global market studies to identify specific requirements, especially in regions with stringent environmental standards and carbon footprint regulations. He emphasised compliance with international standards for emissions reduction and environmental protection to maintain global competitiveness.
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The minister also called for closer integration with the Ministry of Industry to identify new products needed domestically, enabling Ethydco to expand its production capabilities accordingly. He urged the company to implement a five-year plan to increase production of high-value-added products while leveraging its skilled workforce and cooperating with other petroleum and petrochemical firms to exchange expertise.
In response to innovation directives, Ethydco launched a new polyethylene product for blow-moulding applications, supporting domestic industries including car oil packaging. The company also developed a specialised polyethylene product for coating steel pipes, providing protection against corrosion and environmental factors. This product has received accreditation from the German firm SKZ, expanding its application in national infrastructure projects such as water, gas, and drainage networks.
On environmental sustainability, Riad said Ethydco became the first petrochemical company in Egypt to include Scope 3 emissions in its carbon footprint assessment. It is also the first in the sector to receive international accreditation for its environmental disclosure report on polyethylene products. Similar assessments are underway for ten additional products to enhance competitiveness in European markets.
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The company’s achievements underscore Egypt’s growing capabilities in petrochemicals, reflecting a combination of strategic planning, technological innovation, and adherence to international standards. By targeting high-value-added production and prioritising sustainability, Ethydco aims to solidify its role as a leading exporter in the global polyethylene and ethylene markets, while supporting domestic industrial development.
With continued expansion and compliance with international environmental and quality standards, Ethydco is positioning itself as a model for industrial growth in Egypt, capable of meeting both domestic and international demand while contributing to economic diversification and sustainable development.
