Kenal Chemical Enters TEDA Cooperation Zone

Release time:

2022-05-15 00:00

On May 10, local time, the signing ceremony of Kenal (EGYPT) Chemical Industries S.A.E (hereinafter referred to as Kenal) to enter the expansion zone of China-Egypt TEDA Suez Economic and Trade Cooperation Zone (hereinafter referred to as TEDA Cooperation Zone) was solemnly held in the conference room of TEDA Cooperation Zone Service Center. Song Caicen, Executive Director of Egypt's TEDA Special Zone Development Company, and Gao Hui, Project Manager of Kenal Company, signed the land transfer contract on behalf of both companies.

The Egyptian chemical project of Kenal Company, which covers an area of 20000 square meters, is planned to be used for the production of construction chemicals, naphthalene water reducing agent, polycarboxylate water reducing agent, water treatment agent, etc.

Gao Hui said at the signing ceremony that after Kenal's on-the-spot investigation of Egypt's investment environment, he deeply realized the sense of belonging brought to enterprises by the TEDA cooperation zone, and TEDA always tried its best to help enterprises solve all kinds of problems encountered. He believes that more and more enterprises will seek more development space and market opportunities in the TEDA cooperation zone.

With the entry of Kenal's chemical projects into the zone, the agglomeration effect of the chemical industry sector in the TEDA Cooperation Zone will be further amplified, which is of great significance to the investment promotion and industrial development of the chemical sector in the expansion zone.

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