Local availability of raw materials along with a ready supply of natural gas and strong demand from both domestic and regional markets have prompted the Egyptian Glass Company (EGC) to proceed with it…
Local availability of raw materials along with a ready supply of natural gas and strong demand from both domestic and regional markets have prompted the Egyptian Glass Company (EGC) to proceed with its plant construction plans. Construction works under consideration include the building of a factory with an installed production capacity of 100,000 tonnes per year of both clear and coloured glass. As reported in Glass-Technology International No. 6-95, EGC awarded a plant construction contract to an international consortium led by Italian firm Inglen (International Glass Engineering). The Egyptian company also retained the services of Mott Macdonald of the UK to act as project consultant and construction supervisor. The cost of the planned undertaking, which will be based on production technology to be supplied by Britain“s Pilkington Glass, has been estimated at about US$ 110,000,000. Inglen will be responsible for the supply of the flotation bath and will also be acting as the main contractor. Other companies involved include Saratov, the Russian glassmaker and ABB Asea Brown Boveri of Switzerland, who will supply electrical equipment and controls. The German firm Grenzebach will provide the equipment needed for the cold end of production, while the furnace will be supplied by France“s Stein-Heurtey. Project financing is expected to come from a mixture of equity financing, a loan from the Arab Fund for Economic and Social Development, as well as from the Islamic Development Bank. The new facil-ity is scheduled to start production in May 1998.