Experimental operation of asphalt production plant in Egypt's Suez to start in October

Image from Egypttoday

Petroleum Minister Tarek el Molla said on Thursday the experimental operation of the  asphalt production plant at Suez Petroleum Manufacturing Company will start in October.

The project will contribute to securing big part of the needs of the local market in light of the boom witnessed in the new road mechanism.

During the meeting of the general assembly of the company to accredit the results of the fiscal year 2020/2021, Molla referred to the tendency of the petroleum sector to localize the local industry.

Molla lauded the performance of the petroleum companies topped by Petrojet company in implementing different projects in the refining domain.

The results showed that the refined quantities of crude oil reached 2.2 million tons, said Hisham Fathi, Head of Suez Petroleum Manufacturing Company.

A number of new investment projects are being implemented by the company to increase the efficiency of the operation, improve performance and apply the standards of safety and vocational health, Fathi said

Laws & Regulations
• Egypt’s tax-free car import initiative generates $... 03-20
• Resource curse: more Africa countries could benefi... 01-16
• Morocco Announces Cigarette Price Hike for 2024 as... 12-27
• Nigeria wins appeal in landmark ruling against Pro... 11-16
• Togo, Benin slash telecommunication charges 10-24
• Egypt adopts new strategy to increase industry’s c... 10-05

Trade Shows
• African Energy Week (AEW) 2024: Date Set 10-12
• Cityscape Egypt 2023 expo kicks off on Tuesday wit... 09-19
• Cotonou to host first Auto Moto Show on October 12... 06-27
• Ministerial Forum a top feature at Big 5 Construct... 05-17
• THE BUILD&DECOR EXPO 05-06
• SIAM: Moroccan, International Companies Showcase I... 05-03