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…
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