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Egyptian coal factory shuts down in lead-up to COP27

El-Nasr Company for Coke and Chemicals was liquidated recently, less than a year after another industry and steel company was closed down, as the Egyptian government seeks to abandon coal in its factories and rely more on clean energy.
Egyptian laborers work at a charcoal factory in Sharkia governorate in the fertile Delta, north of Cairo, Egypt,  Jan. 29, 2020.

CAIRO — After 62 years of production, the extraordinary general assembly of the state-owned El-Nasr Company for Coke and Chemicals approved Sept. 5 the dissolution and liquidation of the company, a year after its activities came to a halt in August 2021.

The liquidation move came following reports by the Egyptian Environmental Affairs Agency that the company’s environmental conditions violate the law.

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