Cement News tagged under: ASEC Minya

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Egypt: Qena Cement makes offer for larger stakes in Qalaa subsidiaries

06 October 2015, Published under Cement News

Egyptian investment company Qalaa Holdings announced Monday that it received a preliminary acquisition offer from Qena Cement to buy stakes in both its subsidiaries ASEC Minya and ASEC Ready Mix Concrete. According to the offer terms, Qena Cement t is seeking to acquire 46.5 per cent stake and 55 percent stake in ASEC Minya and ASEC Ready Mix Concrete respectively. Qalaa owns indirect stakes of 24.1 per cent and 28.5 per cent in both ASEC Minya and ASEC Ready Mix Concrete respectively. Me...

ASEC Minya Cement launches sulphate resistant cement

18 February 2014, Published under Cement News

ASEC Minya Cement has launched its sulphate resistant cement (SRC) entitled ‘ASEC Al Mokawm.' The SRC type protects concrete from the effects of sulphate salts which are usually found in surrounding environments such as agricultural soil.  Use of the cement also results in a reduction of water permeability in the finished concrete product, and thereby a decrease in cracks. Amr Gemeyie, commercial director, said: “The company has launched ASEC Al Mokawm cement to reflect its ability to ...

ASEC Minya launches clinker production at 2Mta plant, Egypt

30 May 2013, Published under Cement News

Citadel Capital announced that ASEC Minya (formerly the Arab National Cement Company), a key subsidiary of portfolio company ASEC Cement, has started the production of clinker at its 2Mta cement plant in Minya. Cement production is expected to commence within one month. Located 200km south of Cairo and 50km north of the city of Minya, ASEC Minya is the second greenfield cement plant to be launched by ASEC Cement in five years. The first was Takamol Cement in Sudan, a 1.6Mta plant that bega...