{"id":617414,"date":"2024-03-21T00:00:00","date_gmt":"2024-03-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/saint-gobain-lays-the-foundation-for-its-eur-175-mn-glass-factory\/"},"modified":"2024-03-21T00:00:00","modified_gmt":"2024-03-21T00:00:00","slug":"saint-gobain-lays-the-foundation-for-its-eur-175-mn-glass-factory","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/saint-gobain-lays-the-foundation-for-its-eur-175-mn-glass-factory\/","title":{"rendered":"Saint-Gobain lays the foundation for its EUR 175 mn glass factory"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Another Saint-Gobain project incoming: <\/strong>French glass and building materials manufacturer <a target=\"_blank\" href=\"https:\/\/www.saint-gobain.com\/en\" style=\"\" rel=\"noopener\">Saint-Gobain<\/a> has laid the foundation stone for its third glass factory in Egypt with investments amounting EUR 175 mn in the Sokhna Industrial Zone, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/SCZONE.EG\/posts\/pfbid027Sw4D9CpgR4rwTgXC1CVWca65ZLz8wXPcGQsXxEvXE9UZUbsbe6D7pbPzj4a2zmnl\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A green factory: <\/strong>The factory will be powered by a solar plant that will produce 10-MW worth of green power. The plant was inaugurated yesterday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where will the glass go? <\/strong>The manufactured glass will help Egypt localize its automotive industry and 60% of its production will be exported. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saint-Gobain is no stranger to Egypt\u2019s construction materials industry: <\/strong>The company\u2019s flat glass production line in the SCZone is the <a target=\"_blank\" href=\"https:\/\/eg.saint-gobain-glass.com\/who-we-are#:~:text=With%20a%20900%2Dton%20daily,facility%20in%20the%20Middle%20East.\" style=\"\" rel=\"noopener\">largest in the Middle East<\/a>. It also owns two building materials factories in Sadat and Amreya worth more than EUR 150 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>The company last year <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/79da95f2-4af3-4bd4-888d-dc499a933f4c\" style=\"\" rel=\"noopener\">purchased 100%<\/a> of United Paints and Chemicals (Drymix) from Orascom Construction subsidiary United Holding Company in a EGP 785.3 mn transaction.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">ANOTHER VOCATIONAL TRAINING CENTER-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Chinese government will help the SCZone set up a vocational training center<\/strong> specialized in a number of industrial sectors, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0L8aApJMmmmjDtUdahzKerch4zWhDNCm33aW2kstj36ZF3P6ChKDruaJaHQ88rZB4l\" style=\"\" rel=\"noopener\">statement<\/a>. The center will be funded by a CNY 128 mn (c. USD 18 mn) grant from the Chinese government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The project is the French company\u2019s third glass factory in Egypt<\/p>\n","protected":false},"author":1,"featured_media":617415,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7255],"tags":[116,72,131,151,8478,416],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-617414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-china","tag-enterpriseam","tag-manufacturing","tag-renewables","tag-saint-gobain","tag-suez-canal-economic-zone","wpautop","entry"],"acf":{"mongo_id":"91216a51-8e4a-4b1a-a656-0cd3ea970800","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/3\/1883.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Saint-Gobain lays the foundation for its EUR 175 mn glass factory in Egypt\u2019s Sokhna Industrial Zone","related_issue":[617405],"teaser":"The project is the French company\u2019s third glass factory in Egypt","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.43a63f34-3e33-4bee-b9bd-f9a9e22e645a.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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