en.Wedoany.com Reported - Titan Egypt has launched two export silos at its Alexandria plant, with an investment of $11 million aimed at enhancing the company's export capacity.

Through this expansion, the company plans to export its first shipment of 38,000 tons of Type I/II cement to the United States in May 2026. Titan Egypt has set a target to increase annual exports to 300,000 tons by the end of 2026, and plans to boost export capacity to 1.3 million tons per year by 2028.

Minister of Industry Khaled Hashem stated that the launch of the two export silos and the first export of Egyptian cement to the United States reflect the ability of Egyptian industry to enter global markets in accordance with high technical and competitive standards. It also demonstrates investor confidence in Egypt's economy and industrial sector, marking an important step in enhancing the export capacity of national industries.

Marcel Cobuz, Chairman of the Executive Committee of TITAN Group, stated that the export silos have increased warehousing capacity and coverage. The first shipment has departed from Alexandria for the United States, where the cement produced at this location will be used. This year, the company is moving toward an export volume of 1 million tons, with every ton of cement earning foreign exchange for Egypt. TITAN Group has invested in Egypt for a quarter of a century and looks forward to continuing project development locally.

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