51 Days
Source:
الوقائع الإخبارية
Plastic recycling sector reborn in Egypt
The plastic recycling market in Egypt was positively impacted by disruptions in oil and gas supplies in the Middle East, especially after the closure of the Strait of Hormuz due to the military escalation between the United States and Iran. Local factories and plants experienced a surge in demand for recycled materials, with an increase of up to 200% in demand and some types of recycled plastics rising in price by as much as 60%. This led to a temporary revival in the sustainable manufacturing sector, although some industry workers expect this growth to fade once supply routes stabilize again.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)