Agility, a leading global logistics provider, has signed a memorandum of understanding (MoU) to manage logistics at Carbon Holdings’ industrial facilities in Egypt, including construction of the new Tahrir Petrochemicals Complex (TPC).

Agility will work with Carbon Holdings, a midstream and downstream petrochemical and process industrial plant company, to transport plastic byproducts within Egypt and to customers abroad, said a statement from the company.

Agility will also handle the distribution of chemical compounds, including low-density ammonium nitrate inside Egypt and the onward distribution to container ports for Carbon Holdings’ Egypt Hydrocarbon Corporation (EHC) business, it said.

The 5 million sq-m TPC is expected to be the largest single-train naphtha cracker in the world and will be strategically located in the Suez Canal Economic Zone in Ain Sokhna, Egypt.

During construction, Agility will collaborate with Carbon Holdings to optimise heavy lift operations for the project, including in-bound movement of containers, storage and equipment for construction.

Elias Monem, chief executive officer of Agility Middle East and Africa, said: “Agility has extensive experience serving the petrochemicals industry with a suite of solutions across the supply chain, and a strong track record of providing specialised logistics expertise.”

“Having handled over 1,000 mega-projects globally, our specialists are well-versed in the demands of high-value, turnkey projects and have extensive capabilities in global project logistics, fuel logistics and remote-site services,” he added.

Basil El Baz, chairman and chief executive officer of Carbon Holdings, said: “Once our state-of-the art facility is operational, TPC will significantly increase Egypt’s total oil and non-oil exports.”

“Agility’s specialised logistics services will help us achieve our ambitious growth plans. Through TPC, we expect to be able to efficiently and effectively transport our materials around the world, given the site’s strategic location in the Suez Canal Economic Zone,” he added.

Carbon Holdings develops, owns and operates a number of petrochemical manufacturing projects in Egypt. Once operational, TPC is expected to produce approximately 4 million tonnes a year of product and will be the first of its kind in the Middle East and Africa.

TPC will consist of a derivatives unit, three polyethylene units, three polypropylene units, and associated facilities including a co-generation plant and water desalination plant, it stated. – TradeArabia News Service