Date: 20 December 2009
CI) of Egypt have been given the go-ahead by the European Union Commission to take a minority stake in Saint-Gobain's project to build a float glass plant in Egypt.
MAIN FACTS: - Production is set to begin in the second quarter of 2010 with daily output of 900 tons of glass. - The plant, located 192 miles east of Cairo, will export to North Africa and the Middle East as well as producing for domestic consumption.
By Paris Bureau, Dow Jones Newswires; +331-4017-1740; email@example.com