TITAN
Egypt has inaugurated two new export silos at its Alexandria plant following a €10m investment aimed at expanding its export capabilities. The company also announced the departure of its first shipment of Type I/II
cement to the United States, marking its entry into the US market.
The inauguration ceremony was attended by Minister of Investment and Foreign Trade Mohamed Farid Saleh, Minister of Industry Khaled Hashem, Alexandria Governor Ayman Ateyya, Greek Ambassador to Egypt Nikolaos Papageorgiou, along with officials from government agencies, representatives of TITAN Group, and industry stakeholders.
The new facilities enabled TITAN Egypt to export its first 38,000-tonne shipment of Type I/II cement to the United States in May 2026. The company plans to increase annual cement exports to 300,000 tonnes by the end of 2026 and expand its export capacity to 1.3 million tonnes by 2028.
Minister of Investment and Foreign Trade Mohamed Farid said the government continues to support industrial investment and improve the business environment to strengthen Egypt’s export competitiveness.
He added that preparing for international sustainability requirements, including the Carbon Border Adjustment Mechanism (CBAM), is essential to maintaining access to global markets and attracting further investment.
Minister of Industry Khaled Hashem said the project reflects the ability of Egyptian manufacturers to compete internationally and demonstrates investor confidence in Egypt’s industrial sector.
He described the new export facilities and the first shipment to the US as an important step in strengthening the country’s export capabilities.
Alexandria Governor Ayman Ateyya said the project reinforces Alexandria’s role as a regional hub for industry, logistics, and international trade, adding that the export milestone highlights the growing presence of Egyptian products in overseas markets.
Marcel Cobuz, Chair of the Group Executive Committee of TITAN Group, said the investment expands the company’s storage and export capacity while supporting Egypt’s export sector. He noted that TITAN has operated in Egypt for 25 years and plans to continue investing in the country.
Amr Reda, CEO of TITAN Egypt, said the project reflects the company’s confidence in Egypt’s industrial potential and will support its strategy to expand into international markets.
He added that the project was completed while maintaining full plant operations and without any major injuries, underscoring the company’s focus on operational excellence and workplace safety.
TITAN Egypt said the expansion forms part of its broader strategy to increase exports, enhance Egypt’s position in global supply chains, and invest in sustainable production through energy efficiency, alternative fuels, renewable energy, and low-carbon solutions.
