Client: EPM – Integrated Petrochemical Project

Location: Suez – Egypt

Description:

Due to the recent NG discoveries EPM had decided to work on developing a petrochemical complex to produce Natural Gas derivatives. As, EIPC selected products, whether commodities or speciality chemicals have a strong market demand. Thus, giving us a competitive edge as an industrial developer. EIPC will be executed on 2-3 phases, it has a TIC of 7-8 B USD and the current detailed feasibility study (DFS) is only for phase 1, having a TIC of approx. 2.5B USD.

EPM started working on the PreFS back in March 2017. EPM also signed the required NDA & MOU with the concerned parties in this project, and obtained the preliminary site approval of the land and the Gas allocation, etc.
Due to the interest of the involved parties and since the Pre FS, is showing positive indicators, EPM decided to move forward with the bankable FS. The study will be executed by FLUOR, while obtaining a Grant from USTDA

About ENJAZ Corporation:

Founded in 2011, with headquarters in Cairo, Egypt. ENJAZ Holdings is an Industrial Project Developer and a Major Equipment Supplier. ENJAZ energizes the future by developing and supplying projects that would serve the community, the regional economy and provide a benefit for the world in general. ENJAZ serves its clients by being a one stop shop, while offering an integrated approach from concept up to start up. In addition to supplying, installing, fabrication and after sales services. For more information, please visit www.enjazholdings.com or follow ENJAZ on LinkedIn, Twitter, Facebook and YouTube.