25 trans­ac­tions con­cluded in In­dus­trial Waste Ex­change within 6 months

The Daily News Egypt - - Front Page - By Mo­hamed Farag

The Egyp­tian In­dus­trial Waste Ex­change ini­tia­tive saw 25 trans­ac­tions, weigh­ing 200 tonnes in six months, while the num­ber of reg­is­tered com­pa­nies reached 148.

The In­dus­trial Waste Ex­change is one of the ac­tiv­i­ties of the IWEX project “Green Growth: In­dus­trial Waste Man­age­ment and Pro­mo­tion of Small and Medium In­dus­tries, and En­trepreneur­ship in Egypt”, funded by the Mid­dle East North Africa Tran­si­tion Fund, through the African Devel­op­ment Bank.

Head of the Egypt Na­tional Cleaner Pro­duc­tion Cen­tre (ENCPC), of the Min­istry of Trade and In­dus­try, Ali Abu Senna, told Daily News Egypt, that the cost of es­tab­lish­ing the ex­change reached $30,000, adding that 148 com­pa­nies have al­ready reg­is­tered, while the cen­tre plans to boost the num­ber to 4,000 com­pa­nies in 2019.

He ex­plained that the pur­pose of es­tab­lish­ing waste ex­change be­tween com­pa­nies, is to pro­mote the in­dus­try, and man­u­fac­ture value-added lo­cal prod­ucts and ser­vices.

More­over, he pointed out that it also rep­re­sents an im­por­tant op­por­tu­nity for Egyp­tian man­u­fac­tur­ers to ex­change their in­dus­trial waste, to be used as in­puts in dif­fer­ent in­dus­tries, thereby con­tribut­ing to rais­ing man­u­fac­tur­ers’ added value, and also re­duc­ing the en­vi­ron­men­tal im­pact of these wastes.

Among the deals was the waste ex­change be­tween Ori­en­tal Weavers, and Chlo­ride Egypt.As a re­sult of this deal, Ori­en­tal Weavers was able to ob­tain a new source of in­come through sell­ing its in­dus­trial waste, while Chlo­ride Egypt found a new re­li­able source of raw ma­te­ri­als.

The ex­changed waste in­cluded tex­tiles, leather, tires, mo­tor oils, greases, pes­ti­cides, me­tals, and paints.

Mean­while the listed com­pa­nies op­er­at­ing are lo­cated in the 10th of Ra­madan City, Ataqa, Al Amiriya, Sa­dat City,Ain Sokhna, Sixth of Oc­to­ber City, among other ar­eas.

Abu Senna said that a Dutch com­pany is ne­go­ti­at­ing with the min­istry of in­dus­try, to set up a waste re­cy­cling project in Egypt, with in­vest­ments worth $10m.The pur­pose of this project is to ob­tain the waste of potato wash­ing, to ex­tract starch for the plas­tic in­dus­try.

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