PROJECT

Projects

Summary of Proposed Investment

Project Number

31182

Company Name

GALAXY CHEMICALS EGYPT SAE

Date SPI Disclosed

Oct 14, 2011

Country

Egypt, Arab Republic of

Industry

Manufacturing

Projected Board Date

Nov 17, 2011

Status

Completed

Sector

All Other Chemical Product

Department

Regional Industry - MAS Africa

Environmental Category

B - Limited

Previous Events

Approved : Jan 31, 2012
Signed : Feb 29, 2012
Invested : Mar 21, 2012

Project Description

The proposed Project is an expansion of a greenfield plant in Egypt producing 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