During the second day of the Third International Industry Exhibition and Forum, the General Authority for the Suez Canal Economic Zone (SCZone), in the presence of Dr. Amani Eid, CEO of Ebdaa for Project Development, witnessed the signing of a strategic purchase and supply agreement between the Egyptian company Treegas and the Omani company Muscat Gas.
Treegas Products to Reach Jordan and Gulf Markets
Under the agreement, Muscat Gas will distribute Treegas products across Jordan and the Gulf countries, supporting Treegas' plans to expand its presence across regional markets.
Localizing Composite LPG Cylinder Technology in Egypt
Earlier, at the SCZone headquarters in the New Administrative Capital, the Chairman of the Suez Canal Economic Zone witnessed the signing of a memorandum of understanding between Treegas and the Czech company HPC.
The memorandum establishes a strategic partnership for the transfer and localization of composite and fiberglass LPG cylinder manufacturing technology in Egypt.
The project will be established within the Sokhna Industrial Zone of the Suez Canal Economic Zone and will include:
- A fiberglass composite LPG cylinder production facility.
- A modern gas filling station.
- A production line for gas valves and pressure regulators.
Project Investment and Production Capacity
The first phase represents an investment of approximately €7 million. It is expected to create 200 direct jobs and more than 450 indirect jobs, with an annual production capacity of 500,000 fully assembled cylinders.
The second phase represents an additional investment of approximately €3 million and will include the establishment of a filling station and a production line for gas valves and pressure regulators.
Agreement Signatories
The purchase and supply agreement was signed on behalf of Treegas by Dr. Abdel Fattah Hajjaj, Chairman of the Board of Directors, and on behalf of Muscat Gas by Imad Al-Sabbagh, Chief Executive Officer.
The memorandum of understanding with the Czech partner was signed by Pavel Dubinin, CEO of HPC, in the presence of SCZone leaders and officials from Ebdaa, the executive arm of the National Initiative for the Development of Egyptian Industry.
The partnership supports Egypt's strategy to localize advanced industries, strengthen exports, and provide modern alternatives to traditional steel LPG cylinders.
Supporting Egyptian Industry and Exports
During the signing ceremony, Walid Gamal El-Din highlighted the success achieved by the Suez Canal Economic Zone in cooperation with its international partners across industrial and logistics sectors.
He emphasized the investment opportunities available across 21 diverse sectors, supported by the Economic Zone's strategic location, access to global markets, Egypt's international and free-trade agreements, trained labor, and competitive energy resources.
The SCZone continues to support the localization of strategic industries, reduce dependence on imported products, increase Egyptian exports, and meet the needs of local and regional markets.
A Regional Pioneer in Composite LPG Cylinders
Treegas for Trade and Industry is the first company in Egypt and the Middle East specializing in the manufacture of fiberglass composite LPG cylinders.
Its production facility is located within the Sokhna Industrial Zone of the Suez Canal Economic Zone and covers approximately 10,400 square meters.
Through advanced composite technology, Treegas aims to provide safe, lightweight, practical, and competitively priced LPG cylinders as a modern alternative to traditional steel cylinders.