Tahrir Petrochemical Complex
The Tahrir Petrochemical Complex (TPC) is a $10.6 billion project planned by Carbon Holdings that includes a 1.5 million ton of ethylene cracker and a 1.4 million dollars polyethylene factory.
The project was originally scheduled to be completed in 2017, but it has been delayed due to a number of factors, including the Egyptian revolution and subsequent turmoil. Recent delays have been linked to funding issues, and the Tahrir Petrochemical Complex is one of Egypt's most expensive construction projects.
The EPC contracts have yet to be implemented since Carbon Holdings, the project's parent company, is still looking for equity funding and is currently debating and completing technical schedules and other aspects related to the EPC contracts.
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