Polystyrene in Egypt -and in the region in general-is still crawling with baby steps, but worldwide we are talking about a dragon, an industry with over 70 years life time, starting in Ludwigshafen, Germany, in 1931, nowadays it is an industry with investments that could equalize the GDP of a small country, and in Estyrenics we had the privilege of being the initiators of the polystyrene and styrene industry in Egypt to come.Starting in August 2005, Estyrenics has a plan to finish its factory in El-Dekhela port, by the end of 2010; with a total investment of $200,000 Estyrenics has a plan to make another plant beside the polystyrene one to produce styrene that will start up after the polystyrene plant start up by 2 years.Estyrenics is a public-private investment company located in the free zone of Alexandria and following the laws and regulations of free zone companies, as for taxes to be exempted on importing and also is treated as a foreign company inside of Egypt.
Estyrenics polystyrene project is planned to produce 200,000 tons of polystyrene annually. With 150,000 tons to be exported and 50,000 tons to be marketed locally in Egypt, Estyrenics would be able to cover the demand of high quality polystyrene -produced by its plant- to all companies using polystyrene in Egypt.
With 2 residences; one in Cairo and another in Alexandria, Estyrenics has a plan to have a work force of 200 employees in both residences beside the plant workers.
The Polystyrene project is planned to be a two phase project. The 1st phase is to produce polystyrene in our plant out of exported styrene components. The 2nd phase is to construct a styrene production plant out of local Benzene and Ethylene components.
Egyptian Styrene & Polystyrene Production Company.