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Minister recommends starting new project to increase Egypt Aluminum productivity

Minister recommends starting new project to increase Egypt Aluminum productivity

ArabFinance: Egypt Aluminum (EGAL) said Egypt's Minister of Public Sector visited the Company on May 12, 2018. It added the minister has recommended expediting embarking the new project regarding the productivity in order to meet the international demand on Aluminum.

Public Sector Minister pointed out to upgrade the old plant to increase its production for the local and international markets. The Company obtained earlier, the approval of Industrial Development Authority's (IDA) environmental protection committee to add a new production line with electrical cells to extract Aluminum with Side by side system. 

The Company productivity of the production line amounts 250 thousand tons molten and foundry on the space of 350 thousand acres. After installing the new line the Company productivity will be 570 thousand tons annually. 

Egyptian Environmental Affairs Agency has approved the new expansions on condition, provided that only electricity and natural gas are used as fuel in cells, furnaces and foundries, the Company said.

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