Mubasher: Agility Public Warehousing, dually-listed on Boursa Kuwait and the Dubai Financial Market (DFM), signed a memorandum of understanding (MoU) to manage logistic services for Carbon Holdings’ industrial institutions in Egypt, including its Tahrir Petrochemicals Complex.

The Kuwait-based company will work with Carbon Holdings to move secondary plastics across Egypt and to the company’s customers abroad, CNBC Arabia reported.

Under the deal, Agility will manage the distribution of chemicals including low-density ammonium nitrate across Egypt and the other distribution services to related ports.

Spanning over 5 million square metres, the Tahrir Petrochemicals Complex is expected to be the world’s largest naphtha cracker plant.

Agility also signed a five-year agreement worth KWD 6.5 million ($21.5 million) to provide warehouse management services to Kuwait National Petroleum Company (KNPC).