الرئيس التنفيذي
أشرف الحادي

رئيس التحرير
فاطمة مهران

Methanex Egypt Successfully Completes the Pipeline Construction to Facilitate the Delivery of Methanol to Suez Methanol Derivatives Company

Methanex Egypt announces the safe and successful completion of the pipeline construction and installation of a new transfer pump enabling the direct delivery of methanol from its plant to the adjacent Suez Methanol Derivatives Company (SMD) plant in Damietta to fully meet its methanol requirements.
Launched in April 2023, the project spanned 20 months and involved the construction of a 450-meter pipeline, covering all phases from engineering, design, and procurement to fabrication, construction, and installation of protection and monitoring systems. It also included the installation of a new methanol transfer pump and fiscal meters. As part of its agreement with SMD, Methanex will provide maintenance services for the duration of the agreement, alongside the supply of up to 160 tons of methanol per day (58,400 tons of methanol per year).
Ibrahim Mekki, Egyptian Petrochemicals Holding Company (ECHEM) Chairman, said: “Since the beginning of operations in 2011, the Egyptian Petrochemicals Holding Company has successfully achieved local methanol sales of 1.6 million tons. The Suez Methanol Derivatives Project is expected to increase annual methanol sales by approximately 58,000 tons annually, generating added value for all three parties involved. The project is also set to produce 140,000 tons annually of specialized products, supporting the local market demand, enabling the export of surplus quantities, and contributing to foreign currency generation.”
Mohamed Shindy, Methanex Egypt Managing Director, commented: “This project aligns with our commitment to support the Ministry of Petroleum’s vision of maximizing the value of Egypt’s natural gas resources and strengthening the country’s downstream industry. As a long-term partner in Egypt and petrochemical sector, Methanex remains dedicated to driving growth and creating new opportunities that contribute to the sector’s sustainable development.”
Hisham Selim, Suez Methanol Derivatives (SMD) Company CEO & Chairman, said: “Suez Methanol Derivatives is the first company in the petroleum sector dedicated to producing specialized petrochemicals. The project serves as a model of integration with Methanex Egypt and several other industry partners, whether through the exchange of feedstock and products or collaboration on providing utilities and equipment manufacturing. The project’s main products will support a broad range of industries, particularly fertilizers, wood, and concrete. The project will also introduce the production of specialized resins being manufactured in Egypt for the first time. These resins will be used as adhesives in both interior MDF panels and high-durability exterior applications, as well as in thermal insulation solutions. Half of the output will serve the local market, helping reduce imports and ease the foreign currency burden, while the remaining 50% will be exported.”
This project is part of the agreement signed between both parties in 2023. The main consortium leader of the project is “EMC”, with Johnson Matthey as the technology provider of the formaldehyde and UFC-85 plants, and ENPPI serving as the owner’s Project Management Consultant. The SMD project is currently under construction and is expected to start operation in October 2025.

Related Posts

Governor of the Central Bank of Egypt Participates in the Permanent Bureau Meeting of the Council of Arab Central Banks Governors in Abu Dhabi

Google Cloud and Intelcia Partner to Accelerate Business Transformation Through Unified Data Platform ‘MyData

QNET Unveils Wellness Breakthroughs and Global Empowerment

“Contact’s Insurance Sector and GIZ Egypt Forge Strategic Partnerships for Sustainable Growth, Focusing on SMEs and Women’s Empowerment”

New Event Developments launches Sakan View in Jeddah, prepares for landmark project in Saudi Arabia

The 5th PPP MENA Forum Returns to Shape the Future of Public-Private Partnerships in the Region

PSG president Nasser Al-Khelaïfi’s kind gesture towards young fan goes viral during Club World Cup semi-final

EC-Council Releases CEH Hall of Fame 2025 Industry Report

آخر الأخبار
الرئيس الأمريكي يؤدي التحية العسكرية أثناء حضوره نهائي كأس العالم للأندية رسمياً.. البنك المركزي يفتح باب التقديم على برنامج التدريب الصيفي لطلاب الجامعات 2025 الفصائل الفلسطينية تجدد التأكيد على ضرورة انسحاب إسرائيل بالكامل من غزة نقل الفنان لطفي لبيب إلى المستشفى بعد تعرضه لوعكة صحية مفاجئة وزير الطيران يبحث و اللجنه النقابية دور اللجان في الحفاظ على التوازن المؤسسي ورفع الوعي الوظيفي وزير الشباب والرياضة يشيد بدور اللجنة الأولمبية المصرية في إنجاز تعديلات قانون الرياضة وزير الصحة يبحث مع سفير جمهورية ألبانيا بالقاهرة سبل تعزيز التعاون في القطاع الصحي نادية الجندي تلفت الانتباه بفستان قصير ماذا يحدث لجسمك عند تناول البنجر الأحمر؟ رئيس الوزراء يتفقد أعمال "أبراج الداون تاون" و"داون تاون لاجون" بالعلمين الجديدة وزير العمل يلتقي وفدًا من شركة " يزاكي مصر للأنظمة الكهربائية"..وتعاون في مجالات التدريب والتشغيل الرئيس السيسى: أفريقيا التي نريدها ليست حلما وإنما واقع قريب المنال رغم كثرة التحديات الرئيس السيسى يستعرض مع رئيس غانا فرص تعزيز التجارة البينية وتذليل التحديات «الملاذ الآمن»: الفضة تحقق مكاسب بنسبة 27% منذ بداية 2025 السيسي يلتقي نظيره الغاني على هامش اجتماع القمة التنسيقي لمنتصف العام للاتحاد الأفريقي محافظ البنك المركزي يشارك في اجتماع المكتب الدائم لمجلس محافظي المصارف المركزية العربية بمدينة أبو ظ... Governor of the Central Bank of Egypt Participates in the Permanent Bureau Meeting of the Council of... بنك أبوظبي التجاري - مصر ينضم للتحالف المالي العالمي للمرأة في سبق في القطاع المصرفي المصري 140 مليون دولار سنوياً راتب رونالدو الجديد مع النصر بدء تطبيق العمارة على الفلل السكنية في السعودية