Breaking News

Pegas halts trial on Egyptian line amidst political unrest

August 15, 2013

Concerns over employee safety sited as motivator.

In light of the escalating violence gripping Egypt, Pegas Nonwovens has suspended trial production on its Egyptian production line. Even though the environment near the line, which is located in 35 kilometers from Cairo, remains calm, Pegas has suspended operation over concerns for its employees' safety.

"With respect to the escalating tensions in the country, the transport of workers to the production plant presented an unnecessary level of risk, that we do not wish to undertake," says CEO Frantisek Rezac. "The date for resuming operation of the production line will depend on further developments of the Egyptian crisis. We can only hope that the situation will stabilize in the near future and that the country will return to normal."

Because the line is in trial operations, the shutdown should not impact the year's planned production estimates. Full start-up of the line is planned fo the fourth quarter. The Egyptian line, announced in 2011, is the first foreign investment made by the Czech Republic-based Pegas.

Related Market:

Related Technology:

Related Other:

  • The Year That Was 2016

    The Year That Was 2016

    Karen McIntyre, Editor||December 1, 2016
    The year 2016 included investments, new product development and an entrepreneurial spirit in nonwovens that will surely impac

  • The Automotives Market

    The Automotives Market

    Tara Olivo, Associate Editor||December 1, 2016
    Nonwovens continue to replace other materials in cars and automotive components.

  • Filtration 2016 Preview

    Filtration 2016 Preview

    Tara Olivo, Associate Editor||November 7, 2016
    A record number of exhibitors will showcase their innovations in Philadelphia for the 25th anniversary of the conference and