Holding for Chemical Industries

Established in 1992 with the start of the country.s privatization
program, the Holding for Chemicals Industries have as well
absorbed the building materials holding after the successful
sale of the bulk of its portfolio, as well as the engineering
industries holding.
To date, it includes 14 chemical industrial firms ranging from base
and intermediate chemicals processing to finished goods such
as: tires, rubber footwear, and the very successful tobacco
monopoly ' Eastern Company '.
This in addition to 3 remaining building materials industrial
companies and 6 electrical & engineering industries companies.
The Holding owns remaining shares in other privatized companies,
specially Egyptian for Salts and Minerals (13%), Middle East
Paper Company - Egypt (10%) & Misr for Engineering and
Tools [MICAR] (10%).
With the successful liquidation of its portfolio, the holding is due to
be dissolved.