Egypt
Red Sea Petroleum Shipping is not the company described in the provided text; instead, the text describes Red Sea National Petrochemicals Co., an Egyptian petrochemical company. The company serves as a regional hub for petrochemicals trade and commerce, with its largest industrial complex located in Sidi Kerir. Its shareholders include National Service Projects Organization (NSPO), Egyptian General Petroleum Corporation (EGPC), Egyptian Petrochemicals Holding Company (ECHEM), Egyptian Natural Gas Company (GASCO), Egyptian Linear Alkylbenzene Co. (ELAB), and Sidi Kerir Petrochemicals Co. (SIDPEC). The company has signed agreements with Bechtel, Axens, and Saudi Aramco, among others. Red Sea National Petrochemicals Co. is based in New Cairo, Egypt, with a project address at the Suez Canal Economic Zone in Ain El-Sokhna. The company was founded in 2021 when Prime Minister Mostafa Madbouly l
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