The company was established in 1958 with a capital of 6 million Egyptian pounds, and its activity is to produce printing and writing paper from the agricultural leftovers. The original production capacity was 20 thousand tons at the beginning which was increased to 54 thousand tons of paper and 20 thousand tons of duplex carton and the capital was increased to 17 million in 1994. Since the production started in 1961 the company has been producing with advanced technology and is considered as one of the leaders in this domain. Since the establishment of the company, it passed in several procedures for development and increasing the production capacity. The company is well known for its high quality production of paper for the books and photocopying paper as well as school books despite its usage of local and low expensive raw materials. The company also produces high quality catrons for the wrapping and packing.
Constitutional Framework
Government owned enterprises under Law 159 of 1981
Mode of Finance
Public Sector 12%
Public Entrp. 82%
Private Sector 6%
Authorized Capital 50 MLE
Paid Up Capital 21,7 mLE
No. of Shares 10 867 860
(last updated: 09-April-2003)
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Egypt \ Production Public Entreprises \ Holding Company for Chemical Industries CIHC \ Paper Manufacturing- RAKTA
