“Egypt is poised to become a major player in the global industrial glass manufacturing arena over the next 5 to 10 years due its abundance of strategic natural resources and continued investments in a…
“Egypt is poised to become a major player in the global industrial glass manufacturing arena over the next 5 to 10 years due its abundance of strategic natural resources and continued investments in advanced manufacturing technologies,” said Mohamed Khattab, managing director of Sphinx Glass, during WinDoorEx 2010, the held at Cairo International Convention & Exhibition Centre, Egypt, 18-20 February 2010. Sphinx Glass is presently commissioning a 220,000 square-meter state-of-the-art facility with licensed production technologies from PPG Industries Inc., which will have an annual production capacity of 200,000 tons. Sphinx Glass, an official sponsor and leading participant in this year“s WinDoorEx, presented an analysis of the industry and shared its vision for the future evolution of the sector, with a presentation given by Seppo Lautamaki, Sphinx Glass“ commercial director. “Looking at the current state of the glass manufacturing sector and the steady growth it has enjoyed over the years, we see an opportunity for the sector to develop substantially over the next 5-10 years, largely through stronger investments in advanced manufacturing technologies and equipment that not only raise the sector“s capacity potential, but also raise the quality benchmark to international standards. If we look at Turkey for comparison and its glass processing and manufacturing boom in last 20 years, we see similar opportunities and growth possibilities in Egypt,” said Lautamaki. Sphinx Glass is a subsidiary of GlassWorks, the latter which currently owns a 35% stake in Misr Glass Manufacturing S.A.E. (MGM), a leading manufacturer and exporter of glass containers in the Middle East and North Africa.