Sinai to raise production by 400,000tpa, Egypt
Sinai Cement (SCEM) is intending to increase its production capacity by about 400,000t during 2011 to 3.4Mt through increasing production of its two production lines by 200,000t each.
Alaa Mogahed, Investor Relations Manager of the company, asserted that the company continues its production increase process which started in 2010, especially in the shadow of new demand for cement which needs more production steadily.
On the other hand, he denied a retreat in demand as company’s sales increased during the first nine months of 2010 by about 8.46 % to E£204bn compared to E£1.110bn in the comparable period. Published under Cement News
