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India’s Sanmar to invest $350 million to expand caustic soda and PVC production at plant in Egypt [From the web]

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India’s Sanmar to invest $350 million to expand caustic soda and PVC production at plant in Egypt [From the web]

May 06, 2015 - 14:25
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CAIRO, April 21, 2015 (Local News) - Indian group Sanmar plans to invest $350 million in the expansion of its Egypt plant, raising its total investment in the country to $1.45 billion.

The expansion of Trust Chemical Industries (TCI) in Port Said has been studied and approved by the company, Chairman Vijay Sankar was quoted as saying by Egypt's state news agency MENA on Sunday.

Ahram Online - Indian petrochemicals giant Sanmar to invest $350 mn in Egypt 

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