Eco to invest EGP 12 mn to upgrade its 15 May City recycling plant

ECO Integrated Industrial Solutions is planning to invest EGP 12 mn next year to upgrade its recycling plant in 15 May City, CEO Essam Hashem tells Al Mal. The company, which also has plans to expand abroad, recently received approval from the General Authority for Freezones and Investors to launch its e-waste recycling startup Dr WEEE, which offers to collect e-waste from homes. ECO is also planning to begin manufacturing metals extracted from recycled e-waste within two years.