I am pleased to welcome you through Ethydco new website, the largest petrochemical complex in Egypt and Africa.
On this occasion, I extend my thanks and appreciation to the employees of Ethydco for their efforts and tender. I would like also to thank our shareholders who are partners of success and all our valued customers in the country and around the world.
As our country is marking a great epic on its road of construction and comprehensive development that amid by international acclaim, despite the fact that the Covid-19 crisis has not ended, the Egyptian Ethylene and Derivatives Co., Ethydco, begins a new phase in its history during which it seeks to be one of the largest petrochemical companies.
Ethyco is relying on a set of pillars based on the strong foundations of the strategy to develop and modernize the petroleum sector in addition to the strategy for developing the petrochemical industry set by the Ministry of Petroleum and Mineral Resources, with the support of His Excellency the Minister of Petroleum and Mineral Resources, Eng. Tariq Al-Mulla.
In addition to the close supervision and follow-up of the Petrochemical Holding Company (Echem)so that Ethyco continues to enhance its role in the national plan for the petrochemical industry, value-added industry and participation in the march of unceasing success of the petrochemical sector in Egypt.
Despite the challenges aroused due to the repercussions of the Corona epidemic and the unstable global economic conditions, however, Ethydco was able to quickly deal with these variables and never stopped production, development, distributions and adding of new projects.
We will continue to enhance our capabilities, develop our products, make the optimal investment of our resources, the quality of our production processes, and the safety of our operations. We will continue our full commitment to our customers, our shareholders, our community and the environment.
We will open a wider window for creativity and innovation in our workspace. Yes, we realize that we are facing a different stage of challenges, which is represented in the dynamic change regarding yhr competitiveness in this industry and successive developments, especially in terms of artificial intelligence and digital transformation, in addition to fluctuations in the price and the market’s supply and demand.
It is the measures, the plans and the efforts that we are taking today, will determine our future position in this industry. Ethyco’s employees have always proven that they are responsible.
Ethydco is not just an important economic entity in the petrochemical industry and it is not just a place of business. Ethydco is our home, our present and our future.
You are our real wealth. You own the skills and experiences that qualify you to achieve all the accomplishments that we look forward today to complete them together and achieve more and that is our responsibility for all of us to achieve success together.