Page 3 - egy-italian group

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EGY ITALIAN GROUP
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Brief of the partnership between Egyptian Italian Company (EIC) and the

Whereas the owners of EIC enjoy the following advantages:

- Having the raw salt and making high quality washed salt, in addition to

refined salt

- Having previous marketing experience in Africa

Whereas AMEsalt has previous industrial and marketing experience in the

salt field on the global level, especially in the American market, which is one

of the biggest global markets.
EIC seeks to be a pioneer in the field of salt industry on the global level

through a scientific and practical study.

The shareholders have great experience in the field of salt since 2000, along
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with possessions like having Al-Ajra (Al-Safa) saltern producing 700K tonnes

of raw salt per year, as well as Siwa saltern which production is not less than
500K tonnes per year. The shareholders are now about to accomplish the

largest saltern in Egypt and the Middle East; as its production capacity could

reach 1.4 mn tonnes per year as a beginning in 2022. This is the Red Sea
saltern “Al-Zaafarana”, where the place has bright sun all over the year, as

well as extreme heat. This is also the only place in Egypt that has continuous

wind all over the year, which in turn helps produce salt quickly at the highest

global quality standards. Moreover, both wind and extreme heat make the
EGY ITALIAN GROUP
washed salt have not less than %99 of sodium chloride and %1 of humidity
before entering the refining station, and its degree of purity reaches %99.7

after getting out of the refining station. So the product is distinguished by

standard specifications.
That is why establishing the largest salt refining station in Egypt and the

Middle East is pending with a production capacity of 1.4 mn tonnes as an initial

phase.

A plot of land in Al Ain Al Sokhna, on an area of approximately 50K meters,

has been received.