Alexandria Fiber Company SAE (AFCO) is an Indo-Egyptian joint venture of the Aditya Birla Group. With the Group's excellent track record in the acrylic fiber industry in Asia through its presence in Thailand, AFCO represents an extension of this business in the Middle East, Africa and European regions.

The plant has been set up with technology from Japan Exlan Co., Ltd., and basic engineering and equipment supply from Kawasaki Heavy Industries Ltd., Japan. The unit caters to the large domestic market in Egypt apart from catering to markets in the Middle East, Africa and Europe.

Commercial production commenced in February 2006 with the first phase of operations designed to produce 18000 mt per annum of raw white and gel dyed acrylic tow, tops and fiber, for sweaters, blankets, carpets, knitwear, hosiery products, automotive textiles, furnishings, and various industrial applications. AFCO is currently implementing its second phase which will increase plant capacity to 58,000 tonnes by 2009.

The expansion at AFCO is going on full steam and is expected to be completed on time. This will catapult AFCO into one of the leading producers of acrylic fiber in the world and the only one of its type in the entire MENA (Middle East and North Africa). As opposed to Thai Acrylic Fiber Company, AFCO will produce colored fiber which will help it to carve a niche for itself in the acrylic fiber industry.