Asfour Cyrstal Tops Egypt’s Glass Exports in 8 Months

Big 5

Asfour Cyrstal, the world’s largest producer of full-lead crystals, has seized 52% of Egypt’s glass exports, during the period from January to August 2014. In 8 months, the company registered exports amounting to 369.4 million Egyptian pounds (US$51.6 million).

According to Chemicals and Fertilizers Export Council (CEC)’s latest report, Egypt’s exports of glass products fell 4% by end of last August, to 901 million pounds, versus 942.6 million pounds for the same comparable period a year earlier.

Coming second to the list of Egypt’s top ten glass exports during the last 8 months, Misr Glass Manufacturing Company-MGM registered total exports amounting to 89.4 million Egyptian pounds.

Al Alamia for Glass Manufacture ranked third, attaining total exports worth 52.7 million Egyptian pounds.

Fourth, Middle East Glass Manufacturing Company (MEG) acquired exports at value of 44.2 million Egyptian pounds.

New City Glass Group came in the fifth position, with total exports worth 42.6 million Egyptian pounds.

Egyptian Company for Modern Glass – Techno Glass seized 34.3 million Egyptian pounds in exports.

CEC’s report further stated that Egypt’s top export markets worldwide from January-August 2014 are; UAE (EGP 110.2 million), China (EGP 85.1 million), Lebanon (EGP 80.3 million), and Sudan (EGP 70.4 million).