From November 10th to 11th, Zhang Xinming, the president of SEG, led a delegation to Egypt to engage with key partners, including the Egyptian National Petrochemical Company (ECHEM), the Egyptian National Red Sea Refinery Company, the Suez Canal Special Economic Zone (SCZ) Management Committee, the SINOPEC Africa Representative Office, Sinopec pentroleum Apache Company, and the Egyptian TEDA Special Zone Development Company. The delegation also participated in the unveiling ceremony of the SEG’s African Regional Market Development Centre. The visit aimed to further expand the company’s footprint in the African market, enhance the construction and operations of its overseas entities and solidify the foundation for the high-quality development of its international business. Han Weiguo, of GPEC, accompanied the delegation.
On the morning of November 10th, Zhang Xinming and the delegation met with Mr. Abedelmoneim, Vice President of ECHEM, and Mr. Saadawy, CEO of the Egyptian National Red Sea Refinery Company. The discussions focused on the comprehensive promotion of the company's related technologies in the energy and chemical industry, the whole industry value chain and life cycle services and international operation capability. The delegation also presented proposals related to the Red Sea Refinery project, including feedstock supply, financing schemes, engineering construction, product offtakes and operation and maintenance strategies, which laid a firm foundation for the company's cooperation with the Egyptian Petroleum and Petrochemical Company. The Egyptian representatives highly recognized the company's comprehensive capabilities and expressed a strong interest in deepening cooperation, proposing establishing a mechanism for regular high-level exchanges and reaching a preliminary consensus on future collaboration in the petrochemical sector.
In the afternoon of November 10th, Zhang Xinming and the delegation visited the SINOPEC Africa Representative Office, where the discussions were centred on the development landscape of the African energy and petrochemical market, potential opportunities, key advantages, and major risks. Both sides agreed that Sinopec’s entities in Africa should strengthen communication and collaboration, leverage the group's integrated strengths, and work together to expand Sinopec’s entire industrial chain presence overseas. The objective is to maximize corporate benefits while continuously enhancing the company’s brand influence in Africa.
Later that day, Zhang Xinming and Wei dong, General Representative of the SINOPEC Africa Representative Office, attended the unveiling ceremony of the African Regional Market Development Centre. In the speech, Wei Dong extended congratulations and expressed high expectations for the centre’s role in the future success. Zhang Xinming expressed gratitude to the SINOPEC Africa Representative Office for its support in establishing the centre and emphasized its strategic importance from national, corporate, and industry perspectives. He outlined four key priorities. Firstly, it should serve the Sinopec Group strategy, give full play to the integration advantages of the SEG, and attend to the marketing strategy layout; secondly, we should take the initiative, act as the leading role, explore the market with all our strength, and grasp the operational efficiency; thirdly, we should inhence the communication and collaboration to promote the environment friend practise, and optimize the resource allocation to enhance the localized operation capability; fourthly, we should play a leading role in organization building, and make the center a responsible and respectable internationalized company.
In the afternoon of November 10th, Zhang Xinming and the delegation also visited Sinopec Sinopec exploration Apache Company, where both parties exchanged views on Egypt’s business environment, the oil and gas industry landscape, and potential challenges and opportunities. Discussions focused on how to capitalize on Sinopec’s full industrial value chain integration to advance cooperation in future projects and achieve synergistic development based on the strengths of both organizations.
On the morning of November 11th, Zhang Xinming and the delegation met with Mr. Waleid, Chairman of the Suez Canal Special Economic Zone (SCZ) Management Committee, to introduce the company’s overall capabilities, particularly in petrochemicals and new energy domains. The delegation proposed preliminary cooperation plans for new energy industrial development within the Suez Canal Special Economic Zone. Chairman Waleid highly evaluated the company’s expertise in full industry-chain and lifecycle services and recognized its achievements in new energy engineering. He expressed a strong interest in establishing a long-term partnership and welcomed the company’s active participation in infrastructure development and new energy projects within the SEZ, transforming Egypt into a green energy hub connecting Europe and Africa.
In the afternoon of November 11th, Zhang Xinming and the delegation met with Cao Hui, Executive Director of the Egyptian TEDA Special Zone Development Company. Both sides acknowledged Egypt’s outstanding strategic geographic advantages, strong market influence, and significant potential in the energy and petrochemical sectors. They agreed on the need for strengthened cooperation and knowledge exchange in industrial park planning, development layout, and engineering construction. The company pledged to leverage its extensive experience in cross-industry, cross-regional integration, and multi-energy planning to support the development of TEDA Industrial Park in Egypt. Both parties emphasized the importance of creating a benchmark industrial park under the Belt and Road Initiative, further promoting economic and trade cooperation between China and Egypt.
