Angel Yeast Participates in Egypt's International Workers' Day, Boosting Local Engagement
Boosting investment to expand in the Egyptian market
Since 2010, Angel Yeast has gradually increased investment in Egypt and expanded local operations. The company currently employs more than 900 local workers, including 56 Egyptian supervisor staff and 14 key employees overseeing the districts, and has achieved a high degree of localization in terms of day-to-day management operations.
Angel Yeast is looking to create more employment opportunities and support the local government, and it plans to employ over 1,000 local employees when its 20,000-ton per year yeast production expansion project is put into operation.
Promoting green circular economy and environmental governance
Angel Yeast Egypt is actively building circular economy models and promote the local agricultural development. It's utilizing Egypt's abundant molasses to enhance sustainable production, converting molasses byproducts into valuable resources, while the wastewater generated during the yeast manufacturing process undergoes treatment to become organic fertilizer, which is then sold to bolster the local agricultural sector.
Environmental conservation is a top priority and a key strategy in Angel Yeast's sustainable development roadmap. The company aims to achieve integrated and coordinated development with communities and actively fulfill its corporate social responsibilities.
" Angel Yeast aims to promote sustainable development and engage more people to take actions and build a greener future for all," said Liu.
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