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Everest Kanto Cylinder’s arm to set up CNG cylinder production facility in Egypt

25 Feb 2022 Evaluate

Everest Kanto Cylinder’s wholly owned subsidiary -- EKC International FZE has received in-principle approval for setting up of a CNG cylinder production facility in Egypt. This will be in the form of a Joint Venture with a local Egyptian partner with majority holding being with EKC International FZE. The board of directors at its meeting held on February 24, 2022 has approved the same.

Everest Kanto Cylinder (EKC) is engaged in the business of manufacturing industrial and CNG cylinders.

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