# Bereeq plans new 250 million EGP plastic recycling plant in 6th of October City

Bereeq, a unit of Raya Holding, plans to open a second plastic recycling plant in 6th of October City, Egypt, with a 250 million EGP investment by the end of 2019. The plant is intended to double the company's production capacity.

- Type: New facility
- Announced: 2019-01-31
- Where: 6th of October City, Egypt
- Value: $14.0M (250.0M EGP)
- Status: announced
- Capacity: doubling production capacity from 15,000 tons per year
- Products: recycled plastic raw material
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Bereeq](https://endata.com/companies/4542.md)
- [Raya Holding](https://endata.com/companies/4543.md) (investor)

## Sources

- [alborsaanews.com](https://alborsaanews.com/2019/01/31/1173642), 2019-01-31: "تعتزم شركة بريق التابعة لراية القابضة للاستثمارات المالية، التوسع و مضاعفة طاقتها الإنتاجية بضخ استثمارات بقيمة 250 مليون جنيه"

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