Cement News tagged under: Egypt
RHI Consultancy is awarded a contract with SESCO for Amreyah Cement23 April 2024, Published under Cement NewsOn its 20th anniversary, Reliance Heavy Industries (RHI) has been awarded a consultancy contract with SESCO Cement for the upgrade of Amreyah Cement Co Line 2. The RHI team will provide its comprehensive expertise in consulting services, including project management, engineering review, site supervision throughout the construction and commissioning phases, plant PGT, and finally handing over from the nominated turnkey contractor to the renowned owner. RHI is proud of its cooperation wi... |
Sinai Cement sees sales surge in 202304 April 2024, Published under Cement NewsEgypt’s Sinai Cement has reported a surge in sales, with EGP4.28bn (US$90.68m) posted for 2023, compared to EGP2.34bn in the previous year. A consolidated net loss after tax of EGP121.42m was seen in 2023, down from EGP330.41m in 2022, while the loss per share of the holding company fell from EGP2.48 in 2022 to EGP0.91 in the following year. On a standalone basis, the net loss after tax contracted from EGP319.8m in 2022 to EGP117.58m in 2023. |
Arabian Cement awarded three EPDs22 March 2024, Published under Cement NewsArabian Cement Co has been awarded the Environmental Product Declaration (EPD) certificate for three of its key products – clinker OPC, CEM II/A-P 42.5N, and CEM I/42.5N. “This certification positions us as one of the industry pioneers in our commitment to the latest sustainability approaches. The EPD signifies our dedication to environmental responsibility throughout our product lifecycle by measuring our product footprint from cradle to gate,” said the company in a statement. “We are ... |
Misr Cement becomes an exclusive agent for MAN in south Upper Egypt18 March 2024, Published under Cement NewsMisr Cement Maintenance has collaborated with Kastour Egypt for Trade and Industry, the exclusive agent of the International German truck brand MAN along with other brands. The agreement was signed by Kastour Egypt for Trade and Industry, represented by Eng Kastour Mamdouh Kastour, chairman and managing director, and Misr Cement Maintenance, represented by Eng Bassam Abdel Rasoul, group chieft echnical officer. Misr Cement Maintenance's centre is now the authorised service and mainte... |
Misr Beni Suef Cement announces return to profitability in 202312 March 2024, Published under Cement NewsOn 7 March 2024, Misr Beni Suef Cement Company SAE (MBSC) reported that it made a net profit of EGP369.102m (US$7.520m) after tax in 2023. This comes after they reported net losses of EGP145.945m in 2022. In 2022 the company reported sales of EGP1.844bn. Over the same period in 2023, MBSC’s sales grew to EGP2.023bn. The company’s return to profitability, following a year of net losses, could be attributed to its 9.7 per cent sales growth in 2023. MBSC is an Egypt-based cement produce... |
Arabian Cement Company sees profits surge in 202307 March 2024, Published under Cement NewsEgypt's Arabian Cement Company has reported net sales of EGP5.93bn (US$119.67m) in the year ended 31 December 2023, up from EGP4.55bn in the same period in the previous year. Gross profit advanced from EGP904.85m in 2022 to EGP1.33bn the following year. Net profit for the year after tax improved from EGP342.5m to EGP688m over the same timeframe, while earnings per share increased from EGP0.89 to EGP1.79. The company currently has a cement production capacity of 5Mta and a clinker ca... |
Misr Cement appoint new CEO and MD07 February 2024, Published under Cement NewsMr Hassan Gabry has been appointed the new CEO, managing director and member of the Board of Directors at Misr Cement Group , effective from February 2024. Mr Gabry brings over 30 years of distinguished professional experience in commercial operations and business functions, with a significant focus on the cement industry spanning approximately 20 years. He has held key leadership and executive roles in major multinational companies across various continents. With his extensive backg... |
Geocycle Egypt completes new SRF platform25 January 2024, Published under Cement NewsGeocycle Egypt has launched its SRF hub, giving it precise control over the quantity and premium quality of alternative fuel at 15MJ/t RDF, adhering to our specifications and standards. According to Operations Manage Mina George, the platform will decrease Geocycle’s carbon footprint by 350,000t CO 2 in 2024. Using the CHF10m (US$115.8m) investment in the state-of-the-art platform with a production capacity of 250,000t SRF in addition to the other seven alternative fuel streams. P... |
Red Sea crisis on Pakistan’s cement industry18 January 2024, Published under Cement NewsPakistan closely monitors the Red Sea crisis as it could disturb the movement of cement export cargoes to the USA and Europe as well as affect coal imports at Pakistani ports. It is also feared that any trade re-route would spark new inflation and supply chain disruption worldwide and in Pakistan. IMS Research, in a situation review report, warned that escalating tensions in the Middle East have begun to exert a notable influence on global trade, with Yemeni Houthi actions targeting commerc... |
Redecam wins ESP to baghouse conversion project17 January 2024, Published under Cement NewsArabian Cement Co is converting its electrostatic precipitators to state-of-the-art bag filters for dust emissions control. The Egyptian cement producer has joined forces with Redecam Group SpA to achieve dust emission levels below 5mg/Nm 3. ACC is collaborating with the Egyptian Environmental Pollution Abatement Program (EPAP), furthering its commitment to sustainability. This initiative goes beyond mere compliance with dust emissions standards to actively reduce emissions. |