PROJECT

Projects

Environmental Review Summary

Project Number

21902

Company Name

ALEXANDRIA FIBER COMPANY S.A.E

Date ERS Disclosed

May 7, 2004

Country

Egypt, Arab Republic of

Region

Africa

Environmental Category

B - Limited

Status

Completed

Previous Events

Approved : Jun 29, 2004
Signed : Jun 30, 2004
Invested : May 4, 2005

Sector

Man-Made Fibers (Including Nylon, Polyester, Rayon, etc.)

Industry

other

Department

Regional Industry - MAS Africa

Project Description

The proposed project is to build and operate an 18,000 mt/yr acrylic fiber plant in Alexandria, Egypt. The project site is adjacent to the operations of Alexandria Carbon Black (ACB), a member of the Aditya Birla Group of India and a longstanding client of IFC. The facility will be the only acrylic plant in Egypt and ACB will provide utilities (electricity and steam) to the acrylic plant.

Environmental and Social

Conclusion & Monitoring