Egyptian industrial equipment company El-Sakkary Machinery plans to invest EGP 250 million through 2030, including EGP 50-60 million in 2027 and EGP 180 million between 2027 and 2029. The plan includes a technology and industrial center, and local assembly of machinery and components starting in 2028, targeting 25-30% local content initially.
UFlex has commissioned two presses at its aseptic packaging facility in Egypt.
The Arab Organization for Industrialization opened a production line for safe gas valves for cooking stoves at its subsidiary Arab British Dynamics (ABD) in Egypt, with capacity of 1 million valves a year. Plans call for lines to reach 5 million valves a year within three years.
Flex Accipto, a UFlex Group subsidiary, signed a $120 million deal with Orascom Industrial Parks to expand its packaging plant on a 150,000 square metre area in Sokhna within the Suez Canal Economic Zone. The signing was witnessed by the SCZONE chairman on 20 June 2023.
Egyptian packaging maker Al Safa for Packaging is adding a EUR 2 million production line imported from Germany to raise capacity by 20 to 25 percent at its Alexandria plants. Production is expected to start early next month.
Egyptian Chemical Industries (KIMA) said it paid EGP 1.3bn to Tecnomont by end-2016 for its Aswan fertiliser expansion, including two ammonia units of 1,200 tonnes per day. Works began in January 2017 and are due to finish by November 2018.