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August 31, 2023

Kronospan plans wood-based panel plant in Egypt

The Austrian wood-based panels manufacturer Kronospan is planning establishing a multi-purpose wood panel factory in Egypt on roughly a 100,000-square-meter area, a statement showed, the Egyptian media stated. The factory is expected to create around 100 job opportunities, the media said. The project aims to meet the local market’s demand as well as turn to exporting at a later stage of production. This came during a meeting between Deputy CEO of the General Authority for Investment and Free Zones (GAFI) Amr Noureldin and Kronospan’s CEO Oana Bodea and her accompanied ...

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