Saturday, June 25, 2011

Indo-Egyptian JV to invest US$160 mln in Ain Sokhn polyethylene terephthalate plant

A joint Indian-Egyptian venture will see the construction of a 420,000 tpa polyethylene terephthalate (PET) plant in Ain Sokhna at a cost of $160 million, as per Daily News Egypt.
The Egyptian-Indiaan Polyester Company (SAE), a joint venture with Dhunseri Petrochem and Tea Ltd.

For more details on Indo-Egyptian JV to invest US$160 mln in Ain Sokhn polyethylene terephthalate plant click here

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