Red Sea National Petrochemicals Co. is a governmental entity that is under the full supervision of the Egyptian Ministry of Petroleum and Mineral Resources.
In line with the Egyptian government’s strategy of national economic reform that focuses on increasing the contribution of the industrial sector to the national Gross Domestic Product (GDP) and since the petrochemicals industry is the industry of the value-added, Red Sea Co. is currently developing a Petro-Refinery project that aims to utilize crude oil in the production of high added value petroleum and petrochemical products in order to satisfy the local and international market needs.