Quena Paper Industry Co

Companys objectives:- Manufacturing of newsprint, printing and writing papers from Bagasse remaining from Suger manufacturing. Legal Form:- Egyptian joint stock company established under Investment Law 230/1989, as amended by Law No. 8/1997. Date of Establishment:- On 15/06/1995 under Decision No. 347/1995 by minister of economy and foreign trade. Location:- The mill is location in a town called Kous which is a subordinate to governorate in upper Egypt called QUENA on an area of 110 fedan, adjacent to KOUS Sugar mill which save the raw material of Bagasse. . Production Capacity:- 120,000 tons per year of newsprint , printing and writing papers. Annual production value at current prices:- 800 million Egyptian pounds. Total investment costs of the project:- 2100 million Egyptian pounds, including a local component of 860 million pounds and a foreign component equivalent to 1240 million pounds ($ 70 million). Raw materials and local production requirements:- Sugarcane remains (Ba...