The Suez Methanol Derivatives Company (SMD) plans to build a new plant in Damietta Port on the Egyptian Mediterranean Coast to produce Formaldehydes from various raw materials, including mainly Methanol and Urea.

The aim of the Environmental and Social Impact Assessment (ESIA) study will be to identify the environmental and social risks, to assess the impacts of the different design elements of the proposed facility, and to propose measures to enhance its environmental and social performance, with the final goal of obtaining the EEAA Environmental Permit.