OUR REAL COMMITMENT REACHES POLYSTYRENE COMPANY.
E-STYRENICS was established in Sep. 2005 under the name of the Egyptian styrenics production company company as a corner stone of Egyptian petrochemicals strategy according to law of investment guarantees and investments No. 8 of 1997 as a private duty free zone.
ESTYRENICS is a leading integrated producer of polystyrene and styrene monomer, offering solutions and services to customers in a variety of markets throughout the world.
Our main shareholders are Egyptian petrochemicals holding company (ECHEM), ministry of finance, national investment bank, Enppi, and Petrojet.
E-STYRENICS’ activities are in the field of improving and developing the industrial base in Egypt , especially, the petrochemical industries, Our products are used in virtually every forte of day-to-day life: DVD cases, plastic drinks bottles, sterile medical devices, biological contact materials and institutional feeding systems.
SHAREHOLDERS AND STRUCTURE
The company’s authorized capital is 400 million US$. The issued capital of the company is 185 million US$ divided into 237.820.000 $ shares each having a par value of 10 US $ per share all of them are cash shares.
All the company’s shares are nominal shares. The capital has been subscribed to as follows:
|Name||Nationality||Percentage of shareholding|
|National Investment Bank||Egyptian||22.9%|
|Ministry of finance||Egyptian||16.23%|
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