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Anchorage Investments and Honeywell Sign Memorandum of Understanding for Automation of the Anchor Benitoite Complex in Egypt

Honeywell and Anchorage Investments Ltd. sign a Memorandum of Understanding (MoU) that paves the way for Honeywell’s latest industrial autonomous technologies to be installed at the state-of-the-art Anchor Benitoite Petrochemicals Complex to be built in Egypt’s Suez Canal Economic Zone….. Read the article

Egypt’s Anchorage Investments starts tendering process for its $2bln petrochemicals project

Anchorage Investments announced on Wednesday the launch of the tendering process to appoint the main contractor for its $2 billion Anchor Benitoite petrochemicals complex in Suez, Egypt…. Read the article

Narrative. PR Summit – The full-edge of Egypt’s mega projects

Gulf Construction Online – Duff & Phelps named financial advisor for $2.5bn Suez project

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Enterprise – Another petchem complex in the SCZone

Anchorage Investments is looking to build a USD 2.5 bn petrochemical complex in the Suez Canal Economic Zone (SCZone), according to a company statement. The company will produce a range of petrochemical products and natural gas derivatives, including propylene and polypropylene, and will look to gradually increase the number of products... Read the article

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

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 the article

Alkhaleej – Anchorage Investments is developing a petrochemical project with a value of $2.5 billion in the Suez Canal

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Al-Arabya interview with Ahmed Moharram

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prnewswire.com – Lummus Novolen Technology Selected as PP Licensor for Major Project in Egypt

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, training and services, catalyst supply […]

chemengonline.com – Honeywell UOP technology selected for PDH project in Egypt

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 of plastic products that are […]