Egypt Aluminum (Egyptalum) will begin a EGP 7 bn project to upgrade a production line in early 2020, Mahmoud Agouz, the coordinator of a company committee responsible for upgrade projects, said. The upgrade is expected to increase the state-owned manufacturer’s annual production capacity to 445k tonnes from 320k. The move appears to be part of the company’s broader EGP 13.9 bn expansion project that aims to increase capacity to 570k tonnes.

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