Egypt Pledges Petrochemical Support After Foreign Minister Meets Indorama CEO

Egyptian Foreign Minister Badr Abdelatty met Indorama Ventures' chief executive and said the government will back petrochemical firms to expand investment and output.

• Egyptian Foreign Minister Badr Abdelatty met Indorama Ventures CEO Aloke Lohia on Tuesday.
• Abdelatty said the government will support petrochemical companies to boost investment and broaden production.
• He urged companies to explore incentives offered by Egyptian ports and logistics zones.
• Lohia said he seeks to raise production capacity or add higher-value products to serve Egyptian industries.