Short FEED Service Contract for PE Units of Red Sea Petrochemical Plant in EgyptJul. 15, 2025

Based on the Letter of Intent (LOI) signed in March, Toyo Engineering Korea Ltd. (President and CEO, Yoshinari Miyazaki) officially signed a project contract with China National Chemical Engineering International Corporation Ltd. (CNCEC International) on June 4, 2025, to carry out Short FEED services for the Polyethylene (PE) units of the Red Sea Petrochemical Plant in Egypt.

After the signing ceremony, representatives from Toyo-Korea and CNCEC Group,< From left: Mr. Wu Xiangong (Senior Vice-President of CNCEC Group) Mr. Y. Miyazaki (President & CEO of Toyo-K), >

This Short FEED project is the Phase-1 of a comprehensive project to build a plant to produce various petrochemical products, including ethylene and propylene, using advanced refining and steam cracking technologies at the Red Sea Petrochemical Complex in Ain Sokhna, Egypt. Toyo-Korea will contribute to the success of this project based on its extensive experience and technological capabilities in the global polyethylene (PE) field and will continue to create customer satisfaction and future business opportunities by building strong partnerships with clients.

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