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Jushi Egypt laid the foundation for its 120,000-ton glass fiber kiln drawing production line

The foundation stone laying ceremony for the 120,000-ton fiberglass tank-kiln wire drawing production line of Jushi Egypt was held in the China-Egypt TEDA Suez Economic and Trade Cooperation Zone.

Jushi Egypt laid the foundation for its 120,000-ton glass fiber kiln drawing production line
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Wu Ping, general manager of Jushi Egypt, emphasized in his speech that Jushi Egypt has gradually grown into a benchmark for local manufacturing in Egypt. On behalf of Jushi Egypt, he expressed his gratitude to the Chinese colleagues who have persisted overseas for a long time, and approved the achievements of the Egyptian colleagues.  

Under the new normal of the epidemic, Jushi has invested another US$ 335 million in Egypt to extend its annual production capacity with 120,000 tons of glass fiber production projects and expand raw material processing facilities, which fully demonstrates its confidence in Egypt’s investment and operating environment. 

After the completion of the project, it will further stabilize Jushi’s development model of “outsourcing and supplying outside” to better meet the needs of high-end markets in Europe, the Middle East, and North America. It will also create more jobs and drive the upstream and downstream development of the industrial chain. 

In August 2018, Jushi Egypt already celebrated the completion of the production base of 200,000 tons of glass fiber.

More information www.jushi.com