China's fiberglass giant opens new production line in Egypt

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China's fiberglass giant opens new production line in Egypt

STORY: China's fiberglass giant opens new production line in Egypt DATELINE: Dec. 16, 2022 LENGTH: 00:01:54 LOCATION: AIN SOKHNA, Egypt CATEGORY: ECONOMY SHOTLIST: 1. various of the ceremony 2. SOUNDBITE 1 (Chinese): ZHANG WENCHAO, Oversea director of China Jushi 3. SOUNDBITE 2 (English): WALEID GAMALELDIEN, SCZone Chairman STORYLINE: China's giant fiberglass producer Jushi on Thursday inaugurated a new production line at its Egyptian factory located in Ain Sokhna of the Suez province. The inauguration ceremony was attended by several Egyptian and Chinese officials, businessmen and diplomats. SOUNDBITE 1 (Chinese): ZHANG WENCHAO, Oversea director of China Jushi "The new line has an investment of 350 million U.S. dollars. It's recruiting nearly 600 local employees. It has a production capacity of 120,000 tonnes of fiberglass. The fiberglass produced here can be exported to many places in the world, mainly Europe, the United States and the Middle East." Established in Suez in 2012, Jushi Egypt complete

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