DIB-EGYPT LLC

Company Description

DIB-Egypt Limited Liability Company has been established in 1997, with 100% Korean Investment under free zone scheme in the outskirts of Cairo, Egypt.

After renovation of the existing mill together with additional investment in the key process, DIB-Egypt LLC has been producing 4, 800 tons of quality cotton yarns per year, using 100% Egyptian Cotton, long staple and extra long staple fibers. All of DIB-EGYPT LLC 620 local workers are dedicated to produce
quality yarns on 3 shift basis per day and 355 days per year.

Currently, DIB-Egypt LLC is doing 100% export-oriented operation.
DIB-Egypt is playing an important role especially in European market as a major Egyptian quality yarn supplier.
Our total cumulative export volume since 1998 till end of 2008 is expected to reach US $ 198 million.

DIB-Egypt LLC has been committed to work with our clients as a Reliable Business Partner on a long term basis.
Reliability and Satisfaction is the key element of business.

COMPANY STATUS
Name : DIB-EGYPT Limited Liability Co.
Status : Limited Liability Company in private free zone
under the Egyptian Law.
Business line : Textiles (cotton yarn spinning)
LOCATION AND SITE
Location : New Spinning Mill, Mostorod, Shubra El Kheima, Kaliobia, Egypt (30 minutes by car north from Cairo downtown )
Factory Site Area: 87, 144 m2, Building Floor Area: 40, 095 m2
SHAREHOLDER AND CAPITAL
Shareholders & Ratio : Dong-IL Corporation of Korea, 100%
Registered Capital : US$ 1, 250, 000.-

* Information about Dong-IL Corporation As Shareholder
Leading textile group of companies in Korea, since established in 1955.
Involved in various textile fields :spinning & weaving, knitting, dyeing & finishing, and high quality apparels.
3 spinning factories operating in Korea( total 120, 000 spindles )
and 2 overseas operations( in Indonesia and Egypt each )