# UFLEX subsidiary to build $110M PET plant in Sokhna, Egypt

Flex P Films Egypt, a subsidiary of Indian packaging company UFLEX, laid the cornerstone for a polyethylene terephthalate factory in Sokhna, Egypt. The $110 million plant will have a capacity of 30,000 tonnes per month and create over 700 jobs, with phase one starting operations in H1 2024 and phase two by mid-2025.

- Type: New facility
- Announced: 2023-05-02
- Where: Sokhna, Suez Canal Economic Zone, Egypt
- Value: $110.0M
- Jobs: 700
- Starts operating: Q1 2024
- Status: under construction
- Capacity: 30,000 tonnes per month
- Products: polyethylene terephthalate, polyester resin
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [UFlex](https://endata.com/companies/732.md)
- [Flex P Films Egypt](https://endata.com/companies/70063.md) (partner)

## Sources

- [investmentmonitor.ai](https://www.investmentmonitor.ai/news/indias-uflex-announces-110m-industrial-facility-in-egypt/), 2023-05-02: "We are preparing to conduct a promotional tour in India to attract more Indian investments within SCZone."
- [sustainabilitymea.com](https://www.sustainabilitymea.com/indian-film-producer-uflex-to-build-pet-production-facility-in-egypt/), 2023-05-23: "The plant with a capacity of 360,000 t/y is to be built in the SIDC Industrial Park."

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