{"id":324392,"date":"2022-01-10T10:26:10","date_gmt":"2022-01-10T10:26:10","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=324392"},"modified":"2022-01-10T10:28:35","modified_gmt":"2022-01-10T10:28:35","slug":"trade-minister-inaugurates-18th-plastex-for-plastics-petrochemical-industries","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2022\/01\/10\/trade-minister-inaugurates-18th-plastex-for-plastics-petrochemical-industries\/","title":{"rendered":"Egypt&#8217;s Trade Minister inaugurates 18th PLASTEX for plastics, petrochemical industries"},"content":{"rendered":"<p class=\"p2\" dir=\"rtl\" style=\"text-align: left;\"><span class=\"s1\">Minister of Trade and Industry Nevine Gamea inaugurated on Sunday the 18th edition of Egypt\u2019s international plastics exhibition, PLASTEX, which will be running for the next four days and aims to receive more than 22,000 visitors. <\/span><span class=\"s1\">\u00a0<\/span><\/p>\n<p class=\"p3\"><span class=\"s1\">The minister said that the exhibition is the largest local and regional event for businessmen interested in the plastics and petrochemical industries. <\/span><\/p>\n<p class=\"p3\"><span class=\"s1\">This year, a total of 340 companies are participating in PLASTEX, including 70 local manufacturers and exporters and 270 foreign companies from 9 countries, including India, China, Saudi Arabia, the UAE, Vietnam, Switzerland, Germany, Turkey, and Qatar.<\/span><\/p>\n<p class=\"p3\"><span class=\"s1\">The minister elaborated<\/span> <span class=\"s1\">that the plastic industry has become quite prominent in local industrial production, especially in the last ten years as a result, given that many manufacturers are replacing glass and metal with plastic.<\/span><\/p>\n<p class=\"p3\"><span class=\"s1\">Furthermore, most of the factories that produce industrial fibres have a 40-60% dependency on plastic to manufacture their products.<\/span><\/p>\n<p class=\"p3\"><span class=\"s1\">She explained that the plastic industry is a feeding industry for many other industries, such as the packaging, engineering, water management, electric, pharmaceutical, chemical, and automotive industries.<\/span><\/p>\n<p class=\"p3\"><span class=\"s1\">The minister pointed out that the government\u2019s interest in the plastic industry is reflected in its allocation of the Marghem 1 and Merghem 2 complexes to the industry, providing it with a total of 442 industrial units that are considered the nucleus of the city of plastics in Alexandria.<\/span><\/p>\n<p class=\"p5\"><span class=\"s1\">Plastic exports topped the list of chemical industry exports in 2021 with a total of $2.7bn, up from the $1.448bn recorded in 2020; a 43% hike.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minister of Trade and Industry Nevine Gamea inaugurated on Sunday the 18th edition of Egypt\u2019s international plastics exhibition, PLASTEX, which will be running for the next four days and aims to receive more than 22,000 visitors. \u00a0<\/p>\n","protected":false},"author":4,"featured_media":324393,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33,21],"tags":[],"class_list":["post-324392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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