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Monday, 29 January 2018

Emisal Salts building EGP 6 bn salts production complex

INVESTMENT WATCH- Emisal Salts to establish EGP 6 bn salts production complex: The Egyptian Salts and Minerals Company (Emisal Salts) is planning to establish a EGP 6 bn salts production complex north of Matrouh’s Lake Qaroun, Chairman and Managing Director Abdel Latif El Kordy said, Al Masry Al Youm reports. According to El Kordy, Emisal is currently conducting trial operations in the area, and expects to complete the trials within two-three months’ time. The complex has an expected production capacity of 600k tonnes of salts per year in its first phase. The company will cooperate with the National Service Projects Organization and the Matrouh governorate to complete the project.

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