Nile Plastic Recycling is investing an additional USD 15 mn to expand its polyethylene terephthalate (PET) recycling facility in the Sokhna Industrial Zone, according to a statement. Under a contract signed with industrial developer Main Development Company (MDC), the recycling firm plans to set up a 10k sqm annex focused on producing food-grade recycled PET.

(Tap or click the headline above to read this story with all of the links to our background as well as external sources.)

More capacity, more exports: The expansion will increase the company’s recycling capacity by 20k tons a year, with 70% of output earmarked for export markets. It will create around 500 direct jobs. The facility will come online following the completion of the project’s first phase.

REMEMBER- Nile Plastic Recycling inked an agreement with MDC back in November to establish a PET plastic recycling facility in the Sokhna Industrial Zone with an initial investment of USD 20 mn. The plant is set to begin operations in 1H 2026.

Tags: