According to an article in Al Borsa Newspaper, The Egyptian Ethylene and Derivatives Company (Ethydco), a 20% equity investment by Sidi Kerir Petrochemicals (Sidpec)[SKPC.CA], will commence operations during 2Q2016. Ahmed Abo Zeid, sales manager at Ethydco, also stated that the company had initially planned to start operations in 4Q2015, but construction delays prevented the startup. Abo Zeid added that the company plans to export 70% of its entire production and noted that the Egyptian market's total demand stands at 700,000 tonnes per year (tpy). (Al Borsa)   Sidi Kerir: EGP10.47 as of 31 January 2016, Rating: Buy, FV: EGP18.00 per share, MCap: USD702 million, SKPC EY / SKPC.CA