Egypt’s new state grain buyer, Mostakbal Misr for Sustainable Development, has received its first shipment of imported wheat, marking a significant milestone for the country’s food security. The 28,000 metric ton shipment will help meet Egypt’s wheat needs until the end of June 2025. This development has implications for the chemical industry, as wheat is a key raw material used in various industries, including pharmaceuticals and bio-based chemicals. The importation of wheat is expected to stabilize the supply of wheat by-products, such as wheat starch and wheat gluten, which are used in food additives, adhesives, and bioplastics. The shift to Mostakbal Misr also presents opportunities for Egypt’s bio-based chemical industry to diversify feedstocks and develop sustainable materials. However, the new approach to wheat procurement may also lead to fluctuations in raw material prices and availability, presenting challenges for chemical producers. Overall, the development has the potential to impact the chemical industry in Egypt, with both opportunities and challenges arising from the evolving landscape of raw material availability and pricing.
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