Egypt has competitive advantages necessary for setting up and developing the petrochemicals industry, including the availability of feedstock and natural resources, skilled labor, strategic geographic location, robust infrastructure, in addition to promoting petrochemical products to the local, regional and global markets.

After restructure of the petroleum sector, Egyptian Petrochemicals Holding Company (ECHEM) was established in 2002 to execute the 20-years petrochemical master plan in Egypt, aiming to optimize the value added of natural resources.

Since the establishment, Echem, in a relatively short period, was able to achieve vast growth and success in becoming a center of attraction and interest of several major global petrochemical companies.

Echem succeeded to accelerate the petrochemicals industry in Egypt by executing 7 mega projects that would place this country to be one of the global petrochemical producers.