This project is a key development initiative aimed at boosting the company's production capacity and enhancing its competitive position in both domestic and international aluminum markets.
The project, which has begun pilot operation, features a
design capacity of 5,000 tons per month of high-quality aluminum wire. This
represents a significant qualitative leap in output and product quality. The
total investment cost for the project reached approximately $17.5 million.
It was implemented in collaboration with the Italian company
Properzi, a global leader in aluminum wire casting and drawing equipment,
ensuring the use of advanced technology that meets the highest international
technical standards.
Recent progress included the completion of mechanical and
electrical installation for the machine and its auxiliary units (including
cooling towers, air compressors, and electrical transformers), followed by the
programming phase.
Startup tests have successfully reached the machine's
maximum capacity, confirming the success of the installation and commissioning
work in achieving the target performance.
Egyptalum has already marketed the initial batches of
production from the new line to several customers, demonstrating confidence in
the product's quality and the project's viability.
The new line is crucial for diversifying Egyptalum's
products and increasing value-added output. It strengthens the company's
ability to expand into new markets, supporting growth plans and reinforcing its
status in this strategic industry.
Engineer Shimi affirmed that the project aligns with the
state's direction to support and modernize national industries using the latest
global technologies. He emphasized that this achievement is one step in a
comprehensive plan to upgrade and develop Egyptalum.
The company is currently executing several other strategic expansion projects focused on enhancing production and competitiveness, introducing new products to meet evolving domestic and international market demand, and maximizing Egyptalum's role as a cornerstone of Egypt's aluminum industry and a supporter of the national economy.