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Rubex Plastics buys land plot for EGP 19.5m

Rubex Plastics buys land plot for EGP 19.5m
Photo Credit: Arabianeye-Reuters
Rubex
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Cairo-Mubasher: Rubex Plastics Co. said its board of director approved the purchase of a 100,000 sqm land area for EGP 19.5 million.

The land area is owned by Aljomanh for Manufacturing Acrylic and Plastic Co., which will be allocated for company's projects in Beheira Governorate.

The firm earlier reported net losses of EGP 2.2 million in the first half of 2015, against net profits of EGP 1.27 million for the same period of 2014.