Kenlead is building a packaging film plant in Qantara West in the Suez Canal Economic Zone, Egypt, on a 170,000 square meter site with EGP 4.16 billion of self-financed investment. Operations start with two lines and output is targeted to reach 48,000 to 60,000 tonnes a year by 2027.

Cairo Company for Packaging Materials (Cobac) plans a new factory with an investment of EGP 2.8 to 3 billion, which will raise its total BOPP film capacity to 67,000 tonnes per year and support exports to Europe and the US.

Turkish company UR-SA signed an investment contract with Egypt's SCZone to build a 35,000 square meter industrial textiles and plastic packaging plant in Qantara West, with $20 million investment and 1,000 expected jobs.

Sidi Kerir Petrochemicals (SIDPEC) of Egypt and Ran Gas Limited of Nigeria plan a joint $30 million plant in Alexandria to produce one million LPG cylinders per year, mainly for export to Nigeria from 2027. The information comes from an unnamed government official.

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.

Indorama Ventures (IVL) acquired a 74% share of Egypt-based PET preforms maker Medco Plast, which has annual capacity of 70,000 metric tonnes. The deal was reported on 15 November 2018.

Indorama Ventures and India's Dhunseri Petrochem formed a 50:50 joint venture to acquire up to 50% of Egyptian Polyester Company (EIPET) and restart its 540,000 tonne/year PET plant in Ain Sokhna, Egypt. Financial details were not disclosed.