Ecoslops has signed a Letter of Intent with EGPC (Egyptian General Petroleum Corporation), through its subsidiary SSCO, in order to study the feasibility of a residue collection and recycling plant in the region of the Suez Canal. Ecoslops and EGPC/SSCO have agreed that, following the feasibility study, they will both invest in the joint-venture that would be created, with Ecoslops as a major shareholder and project manager.
16 Mar 2017
Letter of Intent with the Egyptian authorities on Suez Canal feasibility study
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Letter of Intent with the Egyptian authorities on Suez Canal feasibility study
Ecoslops SA (ALESA:PAR) | 0 0 2.0% | Mkt Cap: 56.1m
- Published:
16 Mar 2017 -
Author:
Marzio Foa -
Pages:
2
Ecoslops has signed a Letter of Intent with EGPC (Egyptian General Petroleum Corporation), through its subsidiary SSCO, in order to study the feasibility of a residue collection and recycling plant in the region of the Suez Canal. Ecoslops and EGPC/SSCO have agreed that, following the feasibility study, they will both invest in the joint-venture that would be created, with Ecoslops as a major shareholder and project manager.