April 29, 2009
The strength of glass growth throughout the Middle East and North Africa markets was clearly shown by an announcement made by Raya ventured into the glass processing industry in partnership with Interpane, a leading German company in the field of innovative architectural glass products. The new company will operate under the name Interpane Egypt LLC, with 50% stake for Raya and the other 50% for Interpane. Interpane Egypt will have the exclusive right to distribute the Interpane License to other glass manufacturing and processing factories in Egypt.The Joint Venture will also establish a float glass coating plant by 2010. In an environmentally friendly initiative, the factory is planned to produce high performance glass for solar and heat control application to save energy and to reduce energy consumption bill for the community over the coming years. Source MEG Magazine.
On the back of a booming glass industry in Egypt, new glass products, machinery and services will be shown at Glass World Exhibition 2009 for a whole range of uses from building, bottling, automotive, containers and others more.
The world of glass is coming to Egypt and we invite Visitors from all around the world to attend Glass World Exhibition 2009, Register Now at www.glassworldex.com
Source: Nile Trade Fairs