Egypt’s Ghazl Al Mahalla to break ground next month on yarn factory

State-owned Misr Spinning and Weaving Company (Ghazl Al Mahalla) is planning to break ground at the beginning of next month on a new yarn factory that is expected to be the largest in the world, Chairman and CEO Ashraf Ezzat told the press. The 16-feddan facility, specialized in medium weight yarn, will have a production capacity of 15 tonnes per day.