METHANOL DERIVATIVES PROJECT
SUEZ METHANOL DERIVATIVES COMPANY
(SMD)
PROJECT PURPOSE:
- 87 KTA Urea Formaldehyde (UFC 85% & UF RESINS 65%).
- 53 KTA Sulphonated Naphthalene Formaldehyde (SNF)
- Using Methanol & Urea as feed stock (available locally).
- Possibility of producing specialized Urea Formaldehyde Resins with a capacity of 42 KTA
ESTIMATED INVESTMENT COST:
120 Million USD
PLANNED STARTUP DATE:
Q3, 2026
LOCATION:
ECHEM LAND – DAMIETTA PORT
PROJECT STATUS:
- Project Company has been established.
- Major Permits / Approvals have been obtained.
- Main contracts and agreements have been signed.
- Basic Engineering has been completed.
- EPC works are in-progress.