Libya is clearly becoming a construction hotspot with the government giving infrastructure and railway projects priority and a significant budget. Meeting this surge in demand however has proven difficult for local producers with the industry running at only 50 per cent of its ageing installed capacity. It is hoped that the balance will be redressed as local producers apply various initiatives to achieve rated capacity.
Italcementi's first-quarter turnover declined by 9.3 per cent to €964.8m and the running EBITDA fell by 32.7 per cent to €88.5m. The €21.3m trading profit a year earlier dropped to a €16.5m loss a...
Despite recent news reports of political tension in Egypt, there are some positive signs in the country's cement market that demand is recovering after two difficult years. The latest figures indi...
The global economic crisis has not only seen a considerable drop in new kiln capacity projects in 2011, but has also caused significant shifts in the world of turnkey services. However, new kiln c...
Italcementi's turnover declined by 4.4% to €3,395.7m during the first nine months of 2012 and the running EBITDA came down by 11.4% to €500.5m. The trading profit fell by 34.0% to €159.8m while t...
The AUCBM will host its 17th International Conference and Exhibition in Dubai, UAE, from 17-19 December 2012. In an exclusive preview interview with ICR, Eng Ahmad Al-Rousan, secretary general of ...
Last year’s political turmoil in Egypt led to volatility in domestic cement volumes, but the market has since stabilised. This year cement demand has been steady although operating challenges pres...
Libya has witnessed considerable upheaval in the past few years but now, at the end of 2012, the country is emerging from the debris and is preparing for extensive reconstruction activity. However...
Asamer Holding operates three cement plants in Libya under the Libyan Cement Company (LCC). These factories were suddenly taken out of production some 18 months ago when protests against the Gadda...
