Plastic pipes factory
to open in Mtein
To produce 4,000 tons of plastic per year
Dagher Plast, a local manufacturer of polyvinyl chloride (PVC) and polyethylene pipes for sewerage lines, drainage, and electrical conduits, will open a factory in the industrial zone of Mtein in early 2016.
Elie Dagher, General Manager, said: “Our factory in Mazraat Yachouh is not able to fulfil the increasing demand in the market. So we will expand to increase production.”
Investment in the project is estimated at $5 million. Dagher said that they took a subsidized loan through Kafalat to finalize the facility.
The factory will be built on a 4,000 square meter plot, with a 1,500 m2 built-up area. It will be equipped with high-tech machines imported from Germany and will be ISO 9001 certified.
The production capacity of the factory is estimated at 4,000 tons of plastic pipes per year. Around 40 percent of the production will be exported to Iraq and some African countries.
The factory is expected to create around 40 full time jobs.
Date Posted: Jul 27, 2015