Plastics exports record $481mn in 6 months- Egypt’s CEC

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Exports of Egyptian plastics sector fell during the first six months of 2016 by 1 percent to 4.27 billion Egyptian pound (US$480.9 million) from 4.3 billion pounds a year earlier.

The monthly report of state’s Chemical Export Council (CEC) stated that plastics sector seized 33.9 percent of total exports of chemical industries during January-June 2016.

In June 2016, plastics exports recorded 730.1 million pounds versus 584.2 million in June 2015, marking a 25 percent increase. Thus, plastics exports represented 32.5 percent of total chemicals exports.