Chemicals News
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Misr Chemical Industries posts 191% YoY profit hike in 6 months
Sales totaled EGP 455.84 million in the six months to December 31st, 2022, up from EGP 270.56 million in the same period of FY 2021/2022.
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Egypt’s chemicals exports grow 23% in 2022
The chemicals sector accounted for 24% of Egypt’s total non-petroleum exports.
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SIDPEC intends to implement acquisition of Ethydco in 3Q 2023
The Board of Directors of SIDPEC approved the operating budget for the fiscal year 2023, with targeted profits after tax of EGP 889.642m.
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Cairo for Oils' 2022 sales surpass expectations by 15%
In October, a company filing showed a sales expectation of EGP 200 million for 2022.
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Compass Capital joins race to acquire Pachin
Compass Capital aims to acquire a stake of no less than 51% and up to 90% of the targeted company's capital.
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Saint-Gobain strengthens its presence in construction chemicals in Brazil and in Egypt
Saint-Gobain, through its Chryso business, completed the acquisition of Matchem Brazil and entered exclusive negotiations to acquire IDP Chemicals.
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Pachin reports 422% YoY higher consolidated profit in 3 months
Paints and Chemical Industries is an Egypt-based public shareholding company engaged in the production, marketing, and distribution of paints.
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Egypt's TCI Sanmar Chemicals Charts Plans $15mln Investment in 2023
The company, a part of India’s Sanmar Group, is a significant player in Egypt’s petrochemical industry.
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Misr Chemical Industries posts 174.6% YoY profit hike in 5 months
The company recorded a net profit of EGP 219.03 million in the five-month period ended November 30th.
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Pachin to decide on the acquisition offer of National Paints in early January
Elite is in the process of finalising the fair value report for the company’s shares: Sources.
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Misr for Chemicals Industry starts construction of evaporators unit
The project is executed in partnership with the German engineering group thyssenkrupp.
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Honeywell develops first chemical recycling facility in Egypt
The MoU enables Environ to conduct a project feasibility study to explore trends, feedstock availability and potential markets.
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2nd round of Ezdehar programme kicks off
The programme is being implemented in partnership with the German Agency for International Cooperation (GIZ).
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Exports of chemicals sector up to $ 5.714B in 8 months
This is a rise of 31 percent compared with the same period last year.
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Coated Fabrics Market projected to reach $29.14 billion by 2023
The rising safety measures in the transportation application and stringent regulatory requirements for workers’ safety.
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Blow Fill Seal Technology Market 2017 to 2024 Report - Albasit India Packaging, Automatic Liquid Packaging Solutions
Blow Fill Seal Technology Market report provides the precise and in-depth study of the current market picture and the predicted future of the industry
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White Cement Market Industrial Forecast On Global Industry Analysis and Trends till 2025
Based on property, white cement is similar to gray cement. However, it exhibits high degree of whiteness. Substantial modification is carried out
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Fibrin Glue Market | Industry Analysis Report 2017-2024
Fibrin Glue Market report provides the precise and in-depth study of the current market picture and the predicted future of the industry.
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Flock Adhesives Market Advanced technologies and growth opportunities in global Industry by 2025
Flock can be defined as the process where the small fiber particles are deposited onto a surface. This process can also be followed on texture of any
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Linseed Oil Market 2017 to 2024 Report - BASF SE, Braas Monier Building Group, CertainTeed Corporation
Linseed Oil Market report provides the precise and in-depth study of the current market picture and the predicted future of the industry.