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ERC

ERC

A Journey of Excellence: ERC’s Commitment to Advanced Refining and Community Responsibility

Founded in 2007 under Law 8/1997, ERC has become a cornerstone in the Egyptian petroleum industry. With a strategic upgrade to the Cairo Oil Refinery Company (CORC) in Mostorod, ERC addresses the rising demand for high-end petroleum products, significantly reducing Egypt’s dependency on imports. ERC’s focus on producing cleaner-burning fuels underscores its commitment to environmental responsibility.

Our Mission and Vision

ERC’s mission is to design and operate a world-class refining facility that delivers premium petroleum products while adhering to the highest environmental and safety standards. This mission is coupled with a dedication to maximizing stakeholder value. Our vision positions ERC as the most advanced refinery in Africa, fostering a sustainable business model that prioritizes environmental stewardship, international standards, and community responsibility.

Core Values

ERC’s core values—Integrity, Personal Development, Safety, Teamwork, and Quality—shape our business practices and corporate culture.

  • Integrity: We operate with fairness, honesty, and transparency, reflecting our commitment to stakeholders, including employees, the government, customers, and shareholders.
  • Personal Development: We nurture a culture of continuous learning, innovation, and growth, allowing our employees to achieve their full potential.
  • Safety: Beyond metrics, safety is ingrained in our operations, ensuring the well-being of employees, contractors, and neighboring communities.
  • Teamwork: Collaboration and mutual respect drive our achievements, recognizing the importance of every team member’s contribution.
  • Quality: Operational excellence is a daily commitment, from team choices to technology and practices, ensuring the superiority of our products.

Corporate Social Responsibility (CSR)

ERC’s commitment to the local community is a fundamental aspect of our success. Our operations and technologies are designed to minimize environmental impact while enhancing the quality of life in surrounding areas. This commitment includes sustainable practices and active community engagement.

Milestones in Our Journey

  • 2006: A Memorandum of Understanding was signed between Qalaa Holdings and the Egyptian General Petroleum Corporation (EGPC).
  • 2007: ERC was incorporated to upgrade CORC, with an EPC contract awarded to GS Engineering & Construction of South Korea and Mitsui & Co. of Japan.
  • 2012: Financial closure and site handover to the contractor.
  • 2014-2018: Completion of construction and full operational integration of the refinery.
  • 2020: Achievement of contract guarantees, marking a significant milestone in ERC’s operational excellence.

ERC’s journey reflects a blend of technological advancement, environmental responsibility, and community commitment, making us a leader in the African refining sector.

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