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Chinese flooring heavyweight to set up USD 85 mn Sokhna plant
The facility will produce PVC and recycled-material flooring and wall panels
Steelmakers call for reimposing protective duties on imported iron ore billets
This wouldn’t be the first time protective duties have been put on billet imports, with a 15% duty imposed between…
Chinese tiremaker Sailun Group to invest USD 1 bn in new automotive tire plant
Good afternoon, friends, and happy almost-weekend. It’s a slow news day at home, whereas on the international front it’s a…
Breadfast closes USD 10 mn round
PLUS- Elsewedy Industrial Development will develop an integrated, sustainable industrial and logistics zone in Safaga
Local steelmakers invest in expanding production and boosting exports
The steel industry has been a key target of the state’s localization push
Changzhou Rameda to invest USD 22.6 mn in new textile manufacturing facility
Good afternoon, friends. It’s another slow news day, and we’ve got a brisk issue for you. THE BIG STORY TODAY-…
Egyptian Soda Ash Company inks USD 490 mn financing agreement for long-awaited soda ash plant
The facility in New Alamein will produce 600k tons of soda ash a year
Gov’t races to localize EV industry with new incentives + int’l negotiations
Unconventional incentives and talks with global manufacturers aim to localize battery and component production
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