CAIRO, May 16, 2022 /PRNewswire/ — On May 15, 2022in the presence of Egyptian Prime Minister Dr. Mostafa Madbouly, Egypt’s Minister of the Environment, Dr. Yasmine Fouadsigned a memorandum of understanding (MoU), committing to cooperation between the Egyptian government and sustainable innovation company, Okeanos Egypt. Okeanos Egypt is a joint venture between Okeanos Group, a US based sustainable technology company, and Income International, leading Egyptian petroleum and industrial services company. The memorandum outlines the government’s support for reducing plastic content and carbon emissions in packaging and single-use items by more than half, using calcium carbonate.
As the host nation of the forthcoming Conference of the Parties (COP27) in November in Sharm el-Sheikh, the Egyptian government will serve as a voice for all African nations. As such, Egypt intends to lead by example, introducing proactive environmental initiatives and fostering innovative technical solutions like Made From Stone, to tackle the world’s climate challenges. “The project in Egypt represents…
