{"id":79018,"date":"2023-08-16T01:00:19","date_gmt":"2023-08-16T01:00:19","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/papyrus-australia-is-one-step-closer-to-setting-up-a-biodegradable-food-packaging-manufacturing-factory-in-egypt\/"},"modified":"2023-08-16T01:00:19","modified_gmt":"2023-08-16T01:00:19","slug":"papyrus-australia-is-one-step-closer-to-setting-up-a-biodegradable-food-packaging-manufacturing-factory-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/papyrus-australia-is-one-step-closer-to-setting-up-a-biodegradable-food-packaging-manufacturing-factory-in-egypt\/","title":{"rendered":"Papyrus Australia is one step closer to setting up a biodegradable food packaging manufacturing factory in Egypt"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a><strong>Banana fiber food packaging is on its way to Egypt:<\/strong> Green packaging tech developer <a href=\"https:\/\/papyrusaustralia.com.au\/\">Papyrus Australia<\/a> has deployed the base equipment for setting up a factory for a biodegradable food packaging manufacturing factory in Egypt, a <a href=\"https:\/\/papyrusaustralia.com.au\/2023\/08\/egyptian-government-contract-milestones\/\">statement<\/a> notes. The plant will process 2.5k tons of banana fiber per year from plantation waste and produce around 35 mn food packages annually, according to a <a href=\"https:\/\/ent.news\/2023\/8\/3272.pdf\">statement (pdf)<\/a> published last November.<\/p>\n<p><strong>This has been in the works for a year:<\/strong> Papyrus Australia signed an agreement with Egypt\u2019s National Authority for Military Production in October 2022 to establish the factory in the country, the <a href=\"https:\/\/papyrusaustralia.com.au\/2023\/08\/egyptian-government-contract-milestones\/\">statement<\/a> said.<\/p>\n<p><strong>Papyrus Australia already has a presence in Egypt:<\/strong> Papyrus Australia manages <a href=\"https:\/\/papyrusaustralia.com.au\/technology\/our-factories\/\">two<\/a><a href=\"https:\/\/papyrusaustralia.com.au\/technology\/our-factories\/\">factories in Egypt<\/a> \u2014 a banana fiber production plant in Sohag established in 2017 in a JV with the Egypt Banana Fibre Company, and a banana fiber molding plant in Sharqiyah established in 2021. Papyrus leased the Sharqiyah fiber molding facility in November 2021 to fast-track the testing and production of molded food packaging products made from banana fiber.<\/p>\n<p><strong>And there\u2019s big potential:<\/strong> With over 70k acres of banana plantations, Egypt produces more than 6 mn tons of agri-waste per year, which is \u201ccostly for the industry to dispose of and contributes to high levels of methane emission as it breaks down,\u201d the statement explains. According to the <a href=\"https:\/\/papyrusaustralia.com.au\/2023\/08\/egyptian-government-contract-milestones\/\">tech developer<\/a>, Egypt has the potential to establish up to 40 banana plantation waste conversion factories.<\/p>\n<p><strong>The Sohag project is backed by EBRD: <\/strong>The European Bank for Reconstruction and Development (EBRD) extended a grant for the development of the Sohag plant\u2019s five-year business plan and anticipated expansion plans, according to a <a href=\"https:\/\/ent.news\/2023\/8\/3236.pdf\">statement (pdf)<\/a> released in July 2022. The value of the grant has not been disclosed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banana fiber food packaging is on its way to Egypt: Green packaging tech developer Papyrus Australia has deployed the base equipment for setting up a factory for a biodegradable food packaging manufacturing factory in Egypt, a statement notes. The plant will process 2.5k tons of banana fiber per year from plantation waste and produce around [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":79019,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[604],"tags":[327,40,11,565,305,695],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-79018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-australia","tag-egypt","tag-enterpriseclimate","tag-manufacturing","tag-recycling","tag-waste","wpautop","entry"],"acf":{"mongo_id":"726eb1a0-f810-46ee-88a6-3c9e1aa3fe7e","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/8\/1918.jpg","photo_position":"above","related_issue":[79013],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Papyrus Australia is one step closer to setting up a biodegradable food packaging manufacturing factory in Egypt - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/papyrus-australia-is-one-step-closer-to-setting-up-a-biodegradable-food-packaging-manufacturing-factory-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Papyrus Australia is one step closer to setting up a biodegradable food packaging manufacturing factory in Egypt\" \/>\n<meta property=\"og:description\" content=\"Banana fiber food packaging is on its way to Egypt: Green packaging tech developer Papyrus Australia has deployed the base equipment for setting up a factory for a biodegradable food packaging manufacturing factory in Egypt, a statement notes. 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The plant will process 2.5k tons of banana fiber per year from plantation waste and produce around [&hellip;]","og_url":"https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/papyrus-australia-is-one-step-closer-to-setting-up-a-biodegradable-food-packaging-manufacturing-factory-in-egypt\/","og_site_name":"Climate","article_published_time":"2023-08-16T01:00:19+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1918.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 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