Established in 2008 to support Egypt's development, Carbon Holdings addresses the country's need for petrochemicals crucial to modern manufacturing.
The founding of Egypt Basic Industries Corporation (EBIC) in 2009 marked Carbon Holdings' beginning, with the commissioning of an ammonia plant in Suez, later sold to Orascom Industries in 2011. Expanding its portfolio, Carbon Holdings launched Egypt Hydrocarbon Corporation (EHC) in 2019, creating the first world-scale low-density ammonium nitrate facility in the Middle East and Africa. Acquiring Oriental Petrochemicals Company (OPC) in 2013, Carbon Holdings entered the polypropylene market, overcoming challenges to increase production capacity significantly, supplying global markets. These efforts contribute to Egypt's industrial growth and solidify Carbon Holdings' position in the petrochemical industry.
The company plays a significant role in Egypt's industrial growth and aims to support the country's economic development by providing essential petrochemical products for various industries.
Through its projects and initiatives, Carbon Holdings aims to contribute to the growth and sustainability of the Egyptian economy while adhering to high environmental and social standards.
Carbon Holdings, founded in 2008, aimed to support Egypt's development by addressing the country's need for reliable petrochemicals. Basil El-Baz, our Founder and CEO, is a leading figure in the petrochemical industry and a top African business leader. He has received prestigious awards like Africa Entrepreneur of the Year 2016.
Oriental Petrochemical Company (OPC), acquired by Carbon Holdings in 2013, produces polypropylene used in diverse industries worldwide. With an annual capacity of 225,000 metric tons, OPC serves both domestic and international markets, exporting to countries across Europe, Africa, the Middle East, and Asia.
Egypt Hydrocarbon Corporation (EHC), under Carbon Holdings, produces petrochemicals for industries like oil, mining, and construction. Established in 2007, it operates the first large-scale low-density ammonium nitrate facility in the Middle East and Africa, starting commercial operations in 2019.
Carbon Holdings upholds strict environmental and social standards across all projects, ensuring compliance through regular audits. Each project undergoes thorough assessments to meet Egyptian regulations and international sustainability benchmarks like the International Finance Corporation’s framework.
Carbon Holdings prioritizes community upliftment in the Suez Economic Zone, employing over 35,000 locals and investing in education, health, and leisure. We sponsor school construction, offer specialized training, support sports initiatives like the Suez Football Club, and sponsor Soft Power Production (SPP) for young musicians.
Safety is paramount at Carbon Holdings, with robust H&S processes at every site meeting Egyptian, US, and EU standards. Employees undergo thorough training upon induction and receive regular updates. Our zero-tolerance policy ensures compliance. We maintain optimal equipment conditions through daily monitoring and annual audits.
