π Tender Overview
Scope :
The Egyptian Petrochemical Holding Company Alexandria National Refining and Petrochemical Company (ANRPC) and a private firm are planning to invest $380 million (β¬351 million) to build a sustainable aviation fuel (SAF) plant.
Once completed it will have a capacity to produce 120,000 tonnes of SAF per annum in Egypt from used cooking oil using the HEFA pathway. The project is expected to be established besides ANRPC in Alexandria and will be integrated with the sectorβs companies. The Egyptian Petrochemical Holding Company is set to acquire 70% of the projectβs capital, while ANRPC will receive 15% and the private company 15%.
the preparation of the financing study for the project will be completed next April, and includes borrowing $280m from abroad, provided that the project will be built on land belonging to the company ANRPC. It is targeted to start work on the project by the end of 2026.