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Rubex International to buy raw polyester production reactor

Rubex International to buy raw polyester production reactor

ArabFinance: The board of directors of Rubex International for Plastic and Acrylic Manufacturing (RUBX) has approved the purchase of a reactor for raw polyester production, according to a statement filed to the Egyptian Exchange (EGX).

The reactor will be used to produce pure raw polystyrene through recycling polyethylene terephthalate (PET) plastic waste, Rubex added in the statement.

Board members have assigned the company’s chairman to seal the purchase process and take all necessary procedures regarding this matter.

Rubex is an Egypt-based joint-stock shareholding company engaged in acrylic and plastic products manufacturing.

The company manufactures and distributes household plastic and acrylic products that include acrylic bathtubs and corner bathtubs, acrylic shower trays, acrylic bathroom panels, and others.

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04 Oct 2021
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