Carbon Holdings, the privately owned Egyptian petrochemical firm, selects Emerson Process Management to provide automation and reliability technologies and services for Carbon Holdings’ Tahrir Petrochemicals Project at Ain Sokhna, Egypt. Emerson’s initial scope of work is estimated at $150 million, according to the company.
When completed, the approximately $6.9 billion Tahrir project will reportedly be the largest petrochemical plant in Egypt and the largest naphtha cracker plant in the world. It will produce 1.5 million metric tons per year of ethylene that will then be further processed into polyethylene. Other major products will include propylene, polypropylene, hexene, butadiene, benzene and styrene. Construction and operation of the Tahrir Petrochemicals complex is expected to generate thousands of direct and indirect permanent and construction jobs in Egypt, according to Emerson.
As main automation contractor, Emerson will apply technologies and services to help ensure the facility is completed on time and within budget, including designing the plant for optimum availability. Emerson will also provide a reliability program that includes consulting services, equipment health monitoring and a reliability service center for ongoing local support and expertise..
Designed to serve both local and export markets, the Tahrir Petrochemicals complex will be constructed in Egypt’s Suez Special Economic Development Zone, with raw materials received and products shipped from the Gulf of Suez. Financing for the project is expected to come from the export credit agencies of the United States, Korea, Italy and the Overseas Private Investment Corporation, as well as direct investors, according to the company. Under the memorandum of understanding, Emerson will also make a preferred equity investment in Tahrir Petrochemicals.
For more information, visit: www.emersonprocess.com