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#petroleum

Once a modest player in the global market, Egypt’s chemical industry has rapidly grown, significantly contributing to the country's gross domestic product (GDP), and driving economic growth to the country.  The petrochemical sector accounts for about 3 percent of Egypt's GDP and 12 percent of its industrial output, with an annual value of around USD 7 billion (EGP 354.76 billion), according to Arab Finance. The sector encompasses a diverse range of subfields, including plastics, rubber, paper, detergents, paints, chemicals, fertilizers,…