INVESTMENT WATCH- Papermaker Fine to invest USD 35 mn in 2020: Fine Hygienic Holding will invest USD 35 mn in 2020 to expand production, add new products, and expand its truck fleet in Egypt, CEO James Michael Lafferty told Reuters’ Arabic service. Fine had announced plans last year to invest EGP 120 mn to add new tissue and diaper production lines, bringing its investments in the last two years to roughly EGP 2.25 bn. The company exports 25% of its production in Egypt to Europe and Africa, Lafferty said.

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