Suez Canal Authority and Anchorage Investments Sign $6.5B Petrochemical Complex Agreement in Ain Sokhna
HYDROGEN
The Suez Canal Authority and Anchorage Investments have signed a $6.5 billion agreement to develop a petrochemical complex in Ain Sokhna, Egypt. The project will initially focus on producing polypropylene and expand to include additional petrochemical products, generating over 2,500 jobs and supporting Egypt's economic diversification and export capabilities.
Dec 22, 2025, 10:29 PM
