PLASTEX connects buyers from Egypt, Middle East and Africa with
leading local and international manufacturers and distributors.
Cairo- Jan 9, 2022
Minister of Trade and Industry
Nevine Gamea has inaugurated the 18th EgyPlast (PLASTEX 2022) expo,
specialized in plastic and petrochemical industries, held on Jan 9-12 at Egypt
International Exhibition Center, in Cairo.
A major local and regional event,
PLASTEX connects buyers from Egypt, the Middle East and Africa leading local and
international manufacturers and distributors, providing an unprecedented
opportunity for face-to-face interaction and networking to embark on new
business ventures.
The expo is expected to attract
over 22,000 visitors, with 340 exhibiting companies- 70 local and 270 foreign
companies from the countries of India, China, Saudi Arabia, UAE, Vietnam
Switzerland, Germany, Turkey and Qatar.
“The plastics industry has become remarkably
vital in local manufacturing over the last ten years, especially that plastics now
replace materials such as glass and metals, in addition to their added value
and the reliance of many other industries on them” Gamea said.
The government, she noted, has set
up the two Merghem industrial parks (Merghem 1, 2) in Alexandria for plastics, with
a total of 442 production facilities, to be the birth of a plastics city in the
governorate.
The minister added that the
establishment of specialized industrial complexes has contributed in boosting
the local component in chemical industries by 30%-40%.
Thanks to the government’s
unremitting efforts, exports of the petrochemical and fertilizer sector grew significantly
to register $5.954 billion during the first 11 months of 2021, up 43% from a
year earlier. Plastics topped Egypt’s
petrochemical exports with a worth of $2.7 billion.