# Kandil Glass to build $26.7M glass plant in Ataqa Free Zone, Egypt

Kandil Glass signed a $26.7 million financing agreement with Banque du Caire to build a new glass manufacturing plant in the Ataqa Free Zone, Suez Governorate, Egypt, with a capacity of 100 tonnes per day.

- Type: New facility
- Announced: 2026-02-22
- Where: Ataqa Free Zone, Suez Governorate, Egypt
- Value: $26.7M
- Status: announced
- Capacity: 100 tonnes per day
- Products: glass
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Kandil Glass](https://endata.com/companies/90465.md)
- [Banque du Caire](https://endata.com/companies/90466.md) (partner)

## Sources

- [glassonline.com](https://www.glassonline.com/kandil-glass-signs-financing-agreement-with-banque-du-caire/), 2026-02-22: "This financing will support the company’s capital expansions, most notably the construction of a new glass manufacturing plant in the Ataqa Free Zone, Suez Governorate, Egypt, with a projected production capacity of 100 tonnes per day"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.