Egypt's TCI Sanmar Chemicals Charts Plans $15mln Investment in 2023

TCI Sanmar Chemicals, a 100 percent subsidiary of India’s Sanmar Group, is planning to invest $15 million in Egypt in 2023 for expanding production capacity for calcium chloride and polyvinyl chloride (PVC) by implementing four new production lines with a total capacity of 225,000 tonnes per year.

"The project would take two years to be completed after receiving the necessary government approvals to start implementing operations," P S Jayaraman, Chairman of TCI Sanmar Chemicals told Zawya Projects in an exclusive interview.