Tuesday, July 05, 2011

MOU for multi-billion dollar petrochemicals project inked between USA and Egyptian companies

An MOU for a multi-billion dollar petrochemicals project was signed by prominent US and Egyptian companies, as per Dailynewsegypt.com. Basil El-Baz, founder and CEO of Egypt Basic Industries Corporatiion (EBIC), as well as Chairman and CEO of Carbon Holdings, inked the first of a series of agreements for the development of a US$3.

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