Egypt's 'Garbage City' recyclers reap gains from Iran war plastic squeeze
Factories are turning to local recycled plastics as orders rise 40% and some prices jump 60%, recyclers and industry officials said.
- In Cairo's Manshiyet Nasser neighborhood, recycling specialist Peter Romany is fielding surging orders from factories scrambling for plastic after the United States and Iran choked off the Strait of Hormuz.
- The Middle East supplies around 85% of global polyethylene exports through the strait, leaving Egypt—which imports around 40% of its raw plastic materials—vulnerable to shipping disruptions.
- Factories are now paying cash upfront to secure materials, said recycler Rizq Yousif, while Nesma El-Areef of Uflex Egypt reported a 40% increase in demand for recycled products as prices surged up to 60%.
- Orders picked back up this week after President Donald Trump announced the United States is reinstating its blockade of Iranian ports and "taking over" the Strait of Hormuz, extending the local boom.
- Although the crisis allowed Sadat City Chemical Fibre Factory to crack new markets as far away as Brazil, CEO Fayrouz El-Sayed indicated that industry figures anticipate the current boom will fade once supply routes stabilize.
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Garbage City cashes in as Iran war turns Cairo’s trash into plastic gold
CAIRO, July 19 — In the labyrinthine alleyways of Cairo’s Garbage City, recycling specialist Peter Romany finds himself fielding calls from factories scrambling for plastic to plug supply shortfalls caused by the Iran war.The 25-year-old is among the hundreds of recyclers and manufacturers across Egypt benefiting from a war-driven surge in demand ever since the United States and Iran choked off the Strait of Hormuz — a major shipping lane for th…
‘Garbage City’ in Egypt gains from US-Iran war
In the labyrinthine alleyways of Cairo’s Garbage City, recycling specialist Peter Romany finds himself fielding calls from factories scrambling for plastic to plug supply shortfalls caused by the Iran war.The 25-year-old is among the hundreds of recyclers and manufacturers across Egypt benefiting fr
In the Cairo district of Manshiyet Nasser, plastic recyclers see their demand explode due to geopolitical tensions and blockages in the Strait of Ormuz In the maze of
Egypt's 'Garbage City' recyclers reap gains from Iran war plastic squeeze
The 25-year-old is among the hundreds of recyclers and manufacturers across Egypt benefiting from a war-driven surge in demand ever since the United States and Iran choked off the Strait of Hormuz -- a major shipping lane for the raw materials from which plastic is made. At the heart of the boom is the sprawling eastern Cairo settlement of Manshiyet Nasser, where generations of garbage collectors have built one of the world's most sophisticated…
The paralysis of the Strait of Ormuz is exploding the demand for recycled plastic. In Egypt, informal recyclers become the suppliers of recycled plastic.... Read more Cairo's ragers profit from the war in Iran appeared first on Le Singulier.
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