Ezdehar’s AluNile to acquire land for new Sadat City plant ‘within days’

Private equity outfit Ezdehar’s Nile Aluminum and Metals Company (AluNile) expects to complete “within days” it acquisition of land in Sadat City for a new plant. AluNile CEO Ahmed Guindy told the press. The facility is expected to cost some EGP 100 mn. It will add two new production lines to the company and will focus on producing exterior glass for building facades, Guindy said.