The Egyptian Ethylene and Derivatives Company (ETHYDCO) and the Egyptian Projects Operation and Maintenance Company (EPROM) signed a Technical Services Agreement for the provision of technical services, project collaboration, and support in technical and engineering fields.
This agreement allows ETHYDCO to utilize EPROM’s technical and operational expertise, especially in integrated technical support for its projects and production units. This collaboration is designed to continually enhance operational efficiency and performance while upholding top-tier engineering, safety, and occupational health standards, according to an EPROM statement. It also includes joint efforts in developing engineering and technical skills through specialized training,
The agreement was signed by Hesham Riyad, Chairman and CEO of ETHYDCO, and Hossam Asaad, Chairman and CEO of EPROM, on July 28, 2025, in the presence of senior officials from both companies.
The agreement aligns with the Ministry of Petroleum and Mineral Resources’ six-pillar strategic framework. This framework aims to strengthen cooperation, foster partnerships, and encourage the exchange of expertise among the sector’s companies. The ultimate goal is to maximize resource utilization, enhance operational efficiency, and boost the sector’s competitiveness by promoting collaboration, infrastructure development, and human capital growth to support sustainable development.
ETHYDCO is a major Egyptian joint stock company established in 2011. It operates the largest petrochemical complex in Egypt and Africa, producing ethylene, butadiene, and their derivatives like polyethene and polybutadiene.
EPROM is a joint stock company specializing in the operation and maintenance of oil refineries, petrochemical plants, and other related facilities. Shareholders include several Egyptian companies, among which are the Egyptian General Petroleum Corporation (EGPC), the Petroleum Projects and Technical Consultations Company (PETROJET), and Alexandria Petroleum Company (APC).
