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The Petrochemicals industry is a major global industry, and a cornerstone of industrial development. \ Petrochemicals projects require huge investments and advanced technology, for feed stock they rely primarily on natural gas and oil products, which arc converted to Petrochemicals used in many industries. They give high returns, since basic Petrochemicals are seven times the price of oil, intermediate Petrochemicals are 10/100 times, and final Petrochemicals are 30/500 times the price of oil. \ More over, Egypt's Petrochemicals industry has achieved rabid growth in the last few years, with investments rising from $ 328 million in 2004 to about $ 3 billion in 2007 owing to its assiduous efforts to attract foreign capital. \ Egypt has many resources that enable them to set up an integrated Petrochemicals industry. They include feedstock in the form of natural gas and oil derivatives, a market with high consumption rates, allocation midway between the East and the west, and basic in restructure that is continually being improved. \ More over, they have sophisticated economic policies aimed at achieving several strategic goals; these include diversification of revenue sources, optimal investment of resources by boosting the value added, attracting modern technology, developing the skills of the national work force, expanding the establishment of secondary industries, and promoting trade with various countries, including East Asian developing countries that rapidly be coming industrialized. \ The Egyptian Petrochemical holding company (Hchem) was established in 2002 in order to cope with the changes and challenges emerging in the regional and global markets. A twenty year master plan providing a clear vision for the development of the Petrochemical sector has been Prepared Echem is dedicated to embrace investment opportunities in the Petrochemicals field.
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