Author: Stewart Webber

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Gulf News – Anchorage Investments takes lead role in $2.5b petrochemicals complex in Egypt

Anchorage Investments
Dubai: The energy industry focussed Anchorage Investments will develop a $2.5 billion industrial complex in the Suez Canal Economic Zone. The project will produce a range of derivatives and petrochemical products, including olefin and polyolefin, used in everyday applications, ranging from automobiles, durable goods, plastic detergent and milk bottles... Read...

Al-Arabya interview with Ahmed Moharram

Anchorage Investments
See the interview here – Lummus Novolen Technology Selected as PP Licensor for Major Project in Egypt

Anchorage Investments
HOUSTON, May 20, 2021 /PRNewswire/ -- Lummus Technology today announced that its Novolen business has been selected as the PP licensor by Anchorage Investments for its Anchor Benitoite project in Suez, Egypt. Lummus' scope includes the technology license for a 590 KTA polypropylene unit as well as basic design engineering,... – Honeywell UOP technology selected for PDH project in Egypt

Anchorage Investments
Honeywell announced that Anchorage Investments Ltd. will use Honeywell UOP’s C3 Oleflex technology to produce 750,000 metric tons per year (m.t./yr) of polymer-grade propylene for its new Anchor Benitoite petrochemicals complex in Suez, Egypt, near the southern terminus of the Suez Canal. Propylene is the primary component in a variety...