China's yeast company expands production up to 60,000 tons in Egypt

STORY: China's yeast company expands production up to 60,000 tons in Egypt DATELINE: Dec. 23, 2022 LENGTH: 00:01:28 LOCATION: BENI SUEF, Egypt CATEGORY: ECONOMY SHOTLIST: 1. various of the opening ceremony of the yeast production expansion project 2. SOUNDBITE 1 (Arabic): KHALED RAGEB, Chairman of New Beni Suef City Development Authority, Beni Suef Province 3. SOUNDBITE 2 (Chinese): SUN YUXIANG, General manager of Angel Yeast Egypt 4. various of Angel Yeast's production workshop STORYLINE: Angel Yeast Egypt, a subsidiary of a leading Chinese company in the yeast industry, started on Wednesday to build a new production line in a factory located in the industrial zone in Beni Suef city in Middle Egypt. Upon completion of the new line, which can produce 20,000 tons of yeast products per year, the annual production capacity in the Egyptian factory will hit 60,000 tons. The expansion line is expected to be completed and put into operation in May 2024. SOUNDBITE 1 (Arabic): KHALED RAGEB, Chairman of New Beni