PROJECT

Projects

Summary of Proposed Investment

Project Number

29246

Company Name

GALAXY CHEMICALS EGYPT SAE

Date SPI Disclosed

Feb 24, 2010

Country

Egypt, Arab Republic of

Industry

Manufacturing

Projected Board Date

Apr 16, 2010

Status

Completed

Sector

All Other Chemical Product

Department

Gbl Ind, Manufact, Agribus & Services

Environmental Category

B - Limited

Previous Events

Approved : Jul 28, 2010
Signed : Aug 27, 2010
Invested : Sep 24, 2010

Project Description

The proposed Project involves the construction of a greenfield plant in Egypt to produce chemicals, primarily for export to large, international companies that manufacture home & personal care products in MENA, Europe & the Americas. A majority of Galaxy Egypt’s sales will go to multinationals, many of which are currently supplied from the Sponsor’s existing operations in India.

Sponsor / Cost / Location

Development Impact