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Nile Plastic Recycling Company expands with $15 mln investment in SCZone
Publish date: 2025-07-15
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 million—will fund a 10,000-square-metre facility designed to process PET, the key raw material used in food-grade plastic bottles.
The expansion is expected to create 500 new direct job opportunities and produce 20,000 tons of processed plastic waste annually.
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 million—will fund a 10,000-square-metre facility designed to process PET, the key raw material used in food-grade plastic bottles.
The expansion is expected to create 500 new direct job opportunities and produce 20,000 tons of processed plastic waste annually.
Source: State Information Services Egypt