Egypt: Nile Plastic Recycling Company Expands With $15 Mln Investment in Sczone

The Suez Canal Economic Zone (SCZone) announced Tuesday, July 15, 2025, the expansion of the Nile Plastic Recycling Company’s project in Ain Sokhna, with an additional $15 million investment aimed at establishing a new polyethylene terephthalate (PET) recycling facility.

The agreement was signed in the New Administrative Capital in the presence of SCZone Chairman Walid Gamal El-Din.

According to a statement from the General Authority for the SCZone, the new investment–equivalent to around EGP 742…