News

Total Plans to Increase Production, Exports from Plant in Egypt’s Borg Al-Arab

Total Plans to Increase Production, Exports from Plant in Egypt’s Borg Al-Arab

total

French oil and gas company Total announced its plans to expand the capacity of its lubricant blending plant in Alexandria’s Borg Al-Arab industrial zone, to reach up to 90,000 tons.

“We plan to increase the exports of the plant’s current production to 40 percent from 25 percent, as well as adding key export markets,” said Ian Lepetit, Total’s managing director.

The company invested EGP 45 million (USD 5.07 million) since 2015 to achieve a strategic plan that consolidates its presence in the country and to cater for both local and export needs. A sum of EGP 30 million was invested in the period 2015-16, while the company plans to invest another EGP in 2017.

Managing Director Lepetit added in press remarks that Total’s recent expansion will raise the plant capacity from 50,000 tons of 280 lubricant products up to 90,000 tons per year.

The production is currently exported to markets in Africa and the Middle East including Lebanon, Uganda, Ethiopia, Madagascar and Zambia.

Total Egypt’s Borg Al-Arab plant spans on an area of 35,000 square meters with an investment value estimated at USD 15 million. It is 65 percent owned by Total and 35 percent owned by Oilibya as a minority shareholder.

Egypt to Launch Tourism Campaign in Italy Next Month
Egyptians Win Silver, Gold Medals at Karate World Championships

Subscribe to our newsletter


News

Nayrouz Talaat is an Egyptian journalist and a reporter for many years. She is currently an editor at The Egyptian Gazette newspaper, an ex-contributor to Aswat Masriya English section and Reuters alumni. Nayrouz also loves reading, walking, watching movies and capturing people's stories.

More in News

Mohamed Salah: ‘We Need to Change the Way We Treat Women in Our Culture’

Egyptian StreetsApril 18, 2019

National Referendum on Constitutional Amendments to Take Place from Saturday to Monday

Egyptian StreetsApril 18, 2019

Parliament Approves Constitutional Amendments Extending Presidential Term

Egyptian StreetsApril 16, 2019

Independent Egyptian News Site ‘Mada Masr’ Named 2019 Free Media Pioneer

Egyptian StreetsApril 16, 2019

Egypt Expresses Sorrow and Solidarity Over Notre Dame Blaze

Egyptian StreetsApril 16, 2019

Egyptian Women Awarded Pulitzer Prize for the First Time

Aya NaderApril 16, 2019

Sisi Backs Libya’s Haftar in Fighting Terrorism and Achieving Security

Egyptian StreetsApril 15, 2019

CAPMAS: Car Accidents in Egypt Down by 23.6 % in 2018

Egyptian StreetsApril 14, 2019
Egyptian Streets is an independent, young, and grass roots news media organization aimed at providing readers with an alternate depiction of events that occur on Egyptian and Middle Eastern streets, and to establish an engaging social platform for readers to discover and discuss the various issues that impact the region.

© 2017 Egyptian Streets. All Rights Reserved.