Company: Sidi Kerir Petrochemicals
Country: Egypt
Sector: Chemicals: Specialty
CEO: Mohamed Zakaria El Afandy (Chairman and CEO)
Website: https://www.sidpec.com/
Careers Page: Not publicly listed
LinkedIn: https://www.linkedin.com/company/sidi-kerir-petrochemicals-co.-sidpec-
Email: Not publicly listed
Headquarters: Alexandria, Egypt
Founded: 1997
Valuation/Revenue: $279.8m revenue; $386.2m market value (African Business Top 250, 2025); listed among Forbes Middle East’s Egypt’s 50 Most Valuable Companies 2026
Sidi Kerir Petrochemicals Company (Sidpec) is a state-linked Egyptian petrochemical producer that manufactures ethylene, polyethylene and related products at its complex near Alexandria. It is listed on the Egyptian Exchange and is one of the country’s key industrial exporters, drawing on Egypt’s natural gas resources as feedstock.
What Does Sidi Kerir Petrochemicals Do?
Sidpec operates an integrated petrochemical complex that converts natural gas liquids into ethylene and then into high-density and linear low-density polyethylene, which are sold domestically and exported to regional and international markets for use in plastics manufacturing. The company was established as part of Egypt’s strategy to add value to its natural gas resources by building downstream petrochemical capacity rather than exporting raw gas, and it remains one of a small number of large-scale petrochemical producers operating in Egypt, giving it a strategically important position within the country’s industrial base and export earnings.
Is Sidi Kerir Petrochemicals Legit?
Yes. Sidpec is a long-listed company on the Egyptian Exchange, has consistently featured on Forbes Middle East’s rankings of Egypt’s most valuable and top listed companies (including its 2025 and 2026 lists), and publishes regular financial disclosures as required by Egyptian securities regulation, in addition to being a member of the UN Global Compact, reflecting formal international sustainability-reporting engagement.
How Big Is Sidi Kerir Petrochemicals?
African Business magazine’s Top 250 (2025) recorded Sidpec’s revenue at $279.8 million and market value at $386.2 million, ranking it 177th among Africa’s largest companies. Forbes Middle East has separately included Sidpec on its lists of Egypt’s 50 most valuable listed companies for both 2025 and 2026, reflecting its consistent standing among Egypt’s larger industrial stocks despite the relatively niche petrochemical sector it operates in, and underscoring its importance as one of the country’s few large-scale ethylene producers.
Who Is the CEO of Sidi Kerir Petrochemicals?
Mohamed Zakaria El Afandy serves as Chairman and CEO of Sidpec, according to the company’s own management listing on its official website, which sets out the current executive leadership responsible for the company’s production and commercial operations.
Where Is Sidi Kerir Petrochemicals Headquartered?
Sidpec is headquartered in Alexandria, Egypt, near its production complex at Sidi Kerir on the Mediterranean coast, which gives the company its name and provides deep-water port access for petrochemical exports to European and other international markets.
Is Sidi Kerir Petrochemicals Publicly Traded?
Yes, Sidpec trades on the Egyptian Exchange (EGX: SKPC) and is part-owned by the Egyptian state through holding entities in the oil and gas sector, alongside free-float shareholders, giving it a hybrid public-private ownership structure typical of Egypt’s strategic industrial companies.
How Old Is Sidi Kerir Petrochemicals?
Sidpec was established in 1997 as part of Egypt’s push to build domestic downstream petrochemical capacity rather than exporting unprocessed natural gas liquids, and has been in commercial operation for nearly three decades. Over that period it has remained one of the country’s principal producers of ethylene-derived polyethylene, supplying both the domestic plastics-manufacturing industry and export markets, and has periodically expanded and upgraded its production lines to maintain competitiveness against newer regional petrochemical capacity, while continuing to benefit from Egypt’s relatively low-cost domestic natural gas feedstock compared with import-dependent manufacturers elsewhere.
How Does Sidi Kerir Petrochemicals Compare to Its Competitors?
Within Egypt’s petrochemical sector, Sidpec competes and cooperates with other state-linked producers such as Egyptian Petrochemicals Company and international polyethylene suppliers; as one of Egypt’s earliest large-scale integrated ethylene/polyethylene plants, it holds an established position but faces competition from newer regional Gulf petrochemical capacity with lower feedstock costs, a structural challenge shared across Egypt’s petrochemical industry.
What Has Sidi Kerir Petrochemicals Been in the News For Recently?
Sidpec has featured in ongoing Forbes Middle East rankings of Egypt’s most valuable and top listed companies in 2025 and 2026, alongside routine trade coverage from Egypt Oil & Gas on its production and export activity, including updates on plant utilisation rates and export volumes.
How Do I Apply for a Job at Sidi Kerir Petrochemicals?
Vacancies at Sidpec are typically advertised through Egyptian job portals and the company’s own recruitment channels rather than a dedicated international careers site; interested candidates are generally advised to monitor the company’s LinkedIn page and general Egyptian engineering and industrial job boards for openings in process engineering, plant operations, maintenance and corporate functions at its Alexandria facilities.
Links
Website: https://www.sidpec.com/
Careers Page: Not found
LinkedIn: https://www.linkedin.com/company/sidi-kerir-petrochemicals-co.-sidpec-
Email: Not publicly listed
FAQ
Is Sidi Kerir Petrochemicals an Egyptian company? Yes, headquartered in Alexandria and listed on the Egyptian Exchange.
Who is the CEO of Sidpec? Mohamed Zakaria El Afandy, Chairman and CEO.
Is Sidpec publicly traded? Yes, on the Egyptian Exchange under ticker SKPC.
What does Sidpec produce? Ethylene and polyethylene products from natural gas feedstock.
How big is Sidpec? Roughly $386 million market value per African Business Top 250 (2025).
Is Sidpec state-owned? It has significant Egyptian state-linked ownership alongside public shareholders on the Egyptian Exchange.