Cement News tagged under: Egypt
ASEC extends O&M contract at Al-Minya Cement to 202112 November 2018, Published under Cement NewsASEC, the leading cement operator in Africa and the Middle East, announced today the renewal of its technical management agreement with Al-Minya Cement Company for a new term until 2021. The state of-the-art plant, located in Upper Egypt, has an installed clinker capacity of 1.95Mta. Since the commencement of operation in 2013, ASEC has been entrusted with the full technical management of the plant including plant management, operation, maintenance and optimisation. It is worth noting that ... |
Egypt's National Cement Co to be liquidated15 October 2018, Published under Cement NewsThe Egyptian government has decided to liquidate National Cement Co due to continued financial losses and debt accumulation, according to Ahramonline. Total accumulated financial obligations had reached over EGP4bn (US$223m), including EGP3.3bn owed to Egyptian Natural Gas Holding Co and EGP600m to the Egyptian Electricity Co. Established in 1956, the company was the only public sector cement producer. Its general assembly agreed during a meeting last week on the liquidation and proced... |
HeidelbergCement02 October 2018, Published under Cement NewsHeidelbergCement subsidiary Suez Cement Co, which came with the purchase of Italcementi, has agreed in principle to sell the El Minya white cement works to Emaar Industries Company. The El Minya works was completed in 1991 and has a capacity of 1Mta and is located in the Cairo area, to the north of the city. It is held through Helwan Cement Co, which first has to split out its white cement operations. That procedure is likely to take some months. Emaar Industries is controlled by the D... |
FEI: Egypt faces oversupply20 September 2018, Published under Cement NewsCement demand declined in 1H18 to 25Mt, compared with 26Mt in 1H17, according to Noha Bakr, the head of the cement committee of the Federation of Egyptian Industries (FEI). In 2017 domestic consumption decreased 4.5 per cent YoY despite ongoing mega projects, Mr Bakr said. He added that the main challenge for the industry remains oversupply as stockpiles rose by 2.3Mt in 1H18 to 7.1Mt. |
New owners for El Minya Cement17 September 2018, Published under Cement NewsThis week CemNet reported that Helwan Cement's 1Mta white cement plant in Egypt's Minya governate is being sold to Emaar Industries Co of UAE, subject to regulatory approval. The transaction will take place following the demerger of the plant from Helwan Cement, which also operates 4.1.Mta of grey cement capacity. Entered into production in 1991, the plant produces two types of white cement – CEM I 52.5 and CEM II B-L 42.5N. Dubai-based Emaar Industries & Investments will be new to the E... |
New owners for El Minya white cement14 September 2018, Published under Cement NewsThis week CemNet reported that Helwan Cement's 1Mta white cement plant in Egypt's Minya governate is being sold to Emaar Industries Co of UAE, subject to regulatory approval. The transaction will take place following the demerger of the plant from Helwan Cement, which also operates 4.1.Mta of grey cement capacity. Entered into production in 1991, the plant produces two types of white cement – CEM I 52.5 and CEM II B-L 42.5N. Dubai-based Emaar Industries & Investments will be new to the E... |
Egypt's National Cement Co goes into liquidation12 September 2018, Published under Cement NewsEgypt's Ministry of Public Sector has announced that the National Cement Co (NCC) has fallen into liquidation. NCC's kiln lines had been shutdown since 31 May 2018. Minister Hisham Tawfik announced that the company had lost EGP900bn (US$50bn) in the past year. The factory is also heavily in debt, owing EGP4.4bn to the Egyptian Natural Gas Holding Co and EGP700m to the Egyptian Electricity Co. In the most recent financial year, the company's losses were the highest among all pu... |
Siemens equips Beni Suef plant11 September 2018, Published under Cement NewsChengdu Design and Research Institute of Building Materials Industry Co Ltd (CDI), the main contractor for the new Beni Suef Cement plant project, in Egypt, selected Siemens to supply integrated industrial systems and gas analysis solution. The EUR1.2bn El Arish cement plant, near Beni Suef, consists of six production lines that can produce 36,000tpd of clinker and 13Mta of cement. Siemens was responsible for supplying the main drive system, consisting of Flender mechanical drives, as well ... |
Cemex supplied 160,000t of cement for Assiut barge project06 September 2018, Published under Cement NewsCemex participated in what its company president has termed an 'exemplary project', the construction of the new Assiut barrage, considered the third largest water project on the Nile River in Egypt. Cemex is the main cement supplier of this project, which is expected to provide irrigation water for 690,000ha, directly benefiting five million agricultural workers. "The new Assiut barrage is an exemplary project for Cemex Egypt. We provided high-quality materials and expertise to ensure tha... |
Sinoma battled desert in fast-build Beni Suef project30 August 2018, Published under Cement NewsThe government-owned Al-Arish Cement plant is located just outside Beni Suef, where six cement production lines now sit side by side id due in large part to the endeavours of China National Materials Group (CNMG - part of Sinoma group) that erected the 6000tpd plant in just two years. "It is the biggest cement plant in the world to be built all at one time and in one place," said Wu Yong project manager at CNMG. "The schedule was really tight for us. "We signed the contract on 1 June 2016... |