# Pearl Group to build $2M polyurethane facility in Ain Sokhna, Egypt

The Suez Canal Economic Zone signed an agreement with UAE's Pearl Group to launch a $2 million polyurethane production facility in the Ain Sokhna industrial zone. The facility will have an initial workforce of 45 employees and a targeted capacity of 20,000 tons of polyurethane, with production set to begin in Q1 2025.

- Type: New facility
- Announced: 2024-10-30
- Where: Ain Sokhna, Egypt
- Value: $2.00M
- Jobs: 45
- Starts operating: Q1 2025
- Status: announced
- Capacity: 20,000 tons of polyurethane per year
- Products: polyurethane
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Pearl Group](https://endata.com/companies/80655.md)
- [Suez Canal Economic Zone](https://endata.com/companies/13025.md) (partner)

## Sources

- [forbesmiddleeast.com](https://forbesmiddleeast.com/ar/industry/business/the-suez-canal-economic-zone-in-egypt-signs-a-project-contract-for-the-production-of-polyurethane-with-pearl-group), 2024-10-30: "اقتصادية قناة السويس توقع عقدًا مع مجموعة بيرل بشأن مشروع لإنتاج البولي يوريثان في المنطقة الصناعية بالعين السخنة في مصر، باستثمارات أولية 100 مليون جنيه مصري (2.05 مليون دولار)."
- [forbesmiddleeast.com](https://www.forbesmiddleeast.com/industry/business/sczone-signs-agreement-with-pearl-group-for-%242m-polyurethane-factory-in-ain-sokhna), 2024-10-30: "The diversity of incentives within the economic zone, along with the strategic location and integration between industrial areas and seaports, provides a favorable investment environment for Pearl Group."
- [businessmen-eg.com](https://www.businessmen-eg.com/en/497/sokhna-attracts-100-million-egp-investment-for-polyurethane-plant), 2024-10-30: "Production is expected to commence in the first quarter of 2025, with a target production capacity of 20,000 tons of polyurethane."

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