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Reading: Afroplast for technology of plastic industries will start on 18 May
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Dailynewsegypt > Blog > Business > Afroplast for technology of plastic industries will start on 18 May
Business

Afroplast for technology of plastic industries will start on 18 May

Shaimaa Raafat
Last updated: 2023/05/03 at 7:59 PM
By Shaimaa Raafat 5 Min Read
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Afroplast for technology of plastic industries will start on 18 May
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The exhibition presents the latest technologies and industrial solutions to serve the business sectors in the field of plastic, rubber and non-woven industries

The “Afroplast” exhibition, the African international exhibition for the technology of plastics, rubber and non-woven industries, will be launched from 18 to 21 May 2023 at the Cairo International Exhibition and Convention Center, Nasr City.

The “Afroplast” exhibition presents the latest technologies, applications and industrial solutions that serve the business sectors in the field of plastics, rubber and non-woven industries.

Afroplast aims to benefit from the steady growth of the non-woven industries sector, as the global non-woven industries market size is expected to grow from $26.24bn in 2017 to $85.34bn by 2022, at a compound annual growth rate of 51.7%, as the non-woven fabrics market is witnessing significant growth due to the growing health requirements in developing markets and the increasing awareness of environmentally friendly products.

The “Afroplast” exhibition is organized in cooperation between the Emirates Holding Company Business Plus, a leading company in the field of commercial, service, industrial and economic sectors, by organizing integrated economic events and international exhibitions that offer endless business opportunities for exhibiting companies and specialized visitors alike, and the company “Vision Fairs”, one of the largest leading business companies in the Middle East and Africa, which has great experience in organizing specialized international exhibitions and bilateral business forums, in addition to economic events for export development that serve multiple industries and deals with the most dynamic business sectors in the world.

The previous work of Business Plus and Vision Fairs includes the organization of more than 100 sessions for about 28 specialized international exhibitions to serve many business sectors. These exhibitions resulted in commercial deals worth millions of dollars.

Ahmed Mostafa, director of the Afroplast exhibition, indicated that the exhibition is held at the Cairo International Exhibition and Convention Center. non-woven”.

The campaign aims for the exhibition to be the appropriate site for making contractual decisions, as all prices and products are available under one roof. The company organizing the “Afroplast” exhibition will organize a promotional campaign aimed at attracting specialized visitors from Egypt and neighboring countries.

The exhibition is held under the auspices of the Chamber of Chemical Industries, the Plastics Industry Division, the Export Council for Chemical and Fertilizer Industries, the Egyptian Exporters Association and the Industry Modernization Center.

Khaled Abul-Makarem, head of the Export Council for Chemical Industries and Fertilizers, affirmed that the Egyptian industry is capable of reaching $100bn in annual exports. He said that the chemical industries sector is one of the promising sectors that carry many opportunities, pointing out that the sector provides about 437 investment opportunities, according to Egypt’s investment map, explaining that there is no industry in which the chemical industries are not included as a component, indicating that the total number of chemical industries factories in the registered official sector has reached In the Federation of Egyptian Industries, there are about 15,112 factories, of which the plastic, rubber and petrochemical sector accounts for 7,997 factories. Waste management factories are 1,118 factories, paper and cardboard about 1,177 factories, paints are about 1157 factories, detergents about 1212, and various chemicals and fertilizers about 2451 factories.

He revealed that the sector ranks first in the ranking of Egyptian non-oil exports, representing 24% of total exports, at a value of $6.478bn, during the period from January to September 2022, achieving a growth rate of 31% during this period compared to the same period last year.

Mohamed Mageed, Executive Director of the Export Council for Chemical Industries and Fertilizers, said that the “Afroplast” exhibition is the most effective business platform that allows exhibiting companies, whether technology makers or product makers, to benefit from specific export routes to the markets of 12 countries in the Middle East and Africa.

He added that the exhibition exceeds the local scope to the regional scope in targeting specialized visitors and commercial buyers. Mageed explained that the exhibition is held this year in line with the country’s future vision regarding modernizing this sector and developing solutions to the problem of recycling and reducing plastic waste.

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HDB targets 25% growth in profits, various activities by 2023-end: CEO
HDB targets 25% growth in profits, various activities by 2023-end: CEO
Banking
Bank ABC Egypt sees 158% profit growth in 1Q 2023, after merging with BLOM Bank
Bank ABC Egypt sees 158% profit growth in 1Q 2023, after merging with BLOM Bank
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146% growth in net profit of Attijariwafa bank Egypt reaching EGP 434.5m in 1Q 2023
146% growth in net profit of Attijariwafa bank Egypt reaching EGP 434.5m in 1Q 2023
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Al Ahly Pharos tops brokerage ranking in May
Al Ahly Pharos tops brokerage ranking in May
Business
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