27. Sidi Kerir Petrochemicals Company (SIDPEC)

Sector: Petrochemicals
Chairman and CEO: Mohamed Ibrahim
Market Value: $550 million
Sales: $280 million
Profits: $40 million
Assets: $285 million

SIDPEC produces ethylene, polyethylene, Butene-1, and LPG. The company has 12 distributors in Egypt, as well as international distributors in the U.A.E., the U.S., France, the U.K., Austria, China, and Germany, among other countries. In 2022, the company produced 273,000 tons of ethylene and 227,000 tons of polyethylene. It recoded $40 million in net profits in 2022, an increase of 131.3% compared to 2021. The Egyptian Petrochemicals Holding Company is the main shareholder with a 20% share.