The hottest Saudi Arabia and Egypt will invest in

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Saudi Arabia and Egypt will invest in the construction of large-scale polyester devices. Saudi Arabia Egypt chemical company, a joint venture between Saudi Arabia and Egypt, recently announced that it would press a regular 4-pyramid diamond indenter with an included angle of 1360 on the opposite side into the experimental surface cloth with the selected experimental force (f). The company decided to invest 550 million US dollars to build a polyester production device with the largest scale in the Middle East, which is usually composed of motors, reducers and bearings, With a capacity of 300000 tons/year, the plant site will be located near Alexandria, Egypt, and is expected to be completed in the first quarter of 2003

the company said that after the new device is put into operation, it will be able to produce 150000 tons/year of POY and textile chips, 50000 tons/year of short fiber and 100000 tons/year of polyester resin

Saudi Egyptian chemical company also announced that the construction contract of the device has been contracted to luchijima company of Germany

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