Project for the production of inputs for manufacturing electronic chips and optical fibers..
Sources in the petroleum sector said that it is planned to establish the
Silicon Valley project through the Egyptian Petrochemical Holding Company and several shareholders, including the Egyptian Fajr Natural Gas Company.
The sources added, in statements to "The Seventh Day", that the project aims to establish and construct an integrated industrial complex to convert quartz ore into main products: mineral silicon, rubber silicon and pure silicon, pointing out that it will be converted into finished secondary products "adhesives and insulating materials" In other industries: “such as the manufacture of optical fibers, the manufacture of electronic chips, the manufacture of cells and solar panels, the aluminum industry and the rubber industry”, especially since Egypt has raw materials such as pure sand and quartz in large quantities.
It is noteworthy that the poly-silicon production project is one of the most important projects under study, which aims to maximize the added value of ultra-pure quartz ore instead of exporting it to produce 32,000 tons annually with investments estimated at about $120 million, and a number of new petrochemical projects are being studied to start implementing them. During the coming period, with the aim of sustainably providing the local market's needs of petrochemical products, upon which many complementary industries are based, and exporting the surplus of these products in a way that supports the national economy.