Methanex in Egypt operates a state of the art methanol production facility located in Damietta, Egypt on the Mediterranean Sea that is among the most energy efficient methanol plants in the world with a production capacity of 1.3 million tonnes of methanol per year, primarily supplying domestic and European markets.
The Egyptian Methanex Methanol Company S.A.E. is a joint venture of Methanex Corporation which holds a 50% interest, together with the Egyptian government partners: Egyptian Petrochemical Holding Company (ECHEM), which holds 12%; Egyptian Natural Gas Holding Company (EGAS), which holds 12%; Egyptian National Gas Company (GASCO), which holds 9% and the Arab Petroleum Investments Corporation (APICORP), which holds 17%.
Methanex is the sole producer of methanol in Egypt; an essential ingredient used to produce hundreds of everyday industrial and consumer items. Methanol designated for the local Egyptian market is marketed by our partner, the Egyptian Petrochemical Holding Company and the remainder supplies our customers in Europe.
The Methanex joint venture has been in operation since 2011 and currently employs around 500 Egyptian full-time employees and contractors.
Our community investment priorities reflect the global and local nature of our business and focus on areas where Methanex can make a unique and sustainable difference in Egypt including health, education and the environment.
For more information about Methanex in Egypt please contact:
Ahli United Bank Building,
Plot No 81, Road 90,
Fifth settlement, New Cairo
T: +202 2322 0410
F: +202 2322 0415
Methanex Plant - Petrochemical Complex
Damietta Port. P.O. Box 159
New Damietta-Damietta, Egypt
T: +20 (57) 392 300
F: +20 (57) 392 391