In 1996, Elsewedy Electric made the decision to invest in the plastics industry with a vision to fill the market gap of high quality masterbatch. Within a few years, Elsewedy Egyplast, a subsidiary of Elsewedy Electric, became a plastic compound & masterbatch market leader with annual production of 140,000 tons and approximately 800 employees, contributing to the success of our customers in various sectors worldwide with continuous development, business growth and wide market expansion, both locally and globally, especially in the MEA region.

In the context of its vision for a sustainable growth strategy, Elsewedy Electric decided to expand its global market share of masterbatch by establishing a new factory under the brand name of ELSEWEDY POLYMERS.