Egypt: France-based Saint-Gobain has obtained outright ownership of mortars producer United Paints and Chemicals (Drymix). Saint-Gobain paid US$25m for the acquisition, according to Business News Africa. Drymix operates the 240,000t/yr ‘6th of October City’ mortar plant in Giza Governorate.
Saint-Gobain operates two other building materials plants in Egypt, in Alexandria and Monufia Governorates.
