# SIDPEC to acquire ETHYDCO by end of October 2023

Sidi Kerir Petrochemical Company (SIDPEC) is set to complete its acquisition of the Egyptian Company for Ethylene and Derivatives Production (ETHYDCO) by the end of October 2023, pending shareholder approval.

- Type: Acquisition
- Announced: 2023-08-26
- Where: Egypt
- Status: announced
- Products: ethylene, derivatives
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Sidi Kerir Petrochemical Company](https://endata.com/companies/72266.md) (acquirer)
- [Egyptian Company for Ethylene and Derivatives Production](https://endata.com/companies/72267.md) (target)

## Sources

- [dailynewsegypt.com](https://dailynewsegypt.com/2023/08/27/sidpec-to-acquire-ethydco-by-end-of-october-sources/), 2023-08-26: "Sidi Kerir Petrochemical Company (SIDPEC) is set to complete its acquisition of the Egyptian Company for Ethylene and Derivatives Production (ETHYDCO) by the end of next October."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.