|16 October, 2019

Egypt sets up $232.74mln rice-straw board manufacturing firm

The planned production capacity stands at 205,000 cubic metres a year

Image used for illustrative purpose. A man throws rice straws out of trolley on the outskirts of Lahore February 17, 2015.

Image used for illustrative purpose. A man throws rice straws out of trolley on the outskirts of Lahore February 17, 2015.

REUTERS/Mohsin Raza

Cairo –  The Egyptian minister of petroleum Tarek El-Molla announced the establishment of the first Egyptian company for manufacturing rice straw fiberboards with an investment cost of EUR 210 million, Akhbar El-Yom reported on Wednesday.

The new plant will have an annual production of about 205,000 cubic metres using nearly 245,000 tonnes of rice straw per year, El-Molla added.

Set to be established in Beheira, the new plant will use rice straw as feedstock to prevent field burning of crop residue which causes air pollution.

Source: Mubasher

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