Cement News tagged under: Egypt

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Geocycle opens alternative fuel facility in Ain Sokhna, Egypt

22 April 2019, Published under Cement News

Egypt’s Minister of Environment, Yasmeen Fouad, has inaugurated a new waste management and alternative fuel production plant, set up by Geocycle Egypt at Ain Sokhna in the Suez Governate. EGP200m (US$11.65m) was invested by Geocyle in the new factory, which is equipped with modern technology to produce 400,000t high-quality alternative fuel to replace diesel, mazut and gas currently consumed at the 8.9Mta Lafarge Cement factory near Ain Sokhna. Geocycle, a subsidiary of LafargeHolcim, is a...

Arabian Cement posts 24% revenue increase in 2018

26 March 2019, Published under Cement News

Egypt-based Arabian Cement Co, a subsidiary of Spain’s Grupo Bertolin, posted a 23.6 per cent YoY increase in revenue to EUR168m in 2018. Meanwhile, net profit also advanced 7.4 per cent to EUR11.9m for the year. The results show that, despite a depreciation in the Egyptian pound, Arabian Cement has remained profitable. It distributed over EUR10m in dividends in 2018.

LafargeHolcim to help build Africa's highest tower

20 March 2019, Published under Cement News

LafargeHolcim will play a key role in building Egypt's new capital, currently under construction 45km outside of Cairo. The city will become the country’s new administrative and financial capital, with around five million inhabitants. Among the buildings using LafargeHolcim's innovative, high-performance materials is the so-called Iconic Tower, which is set to become the highest tower in Africa with a height of 385m when completed by the end of 2020. For the Iconic Tower, LafargeHolcim is ...

Suez Cement reports impact of wastewater flood

15 March 2019, Published under Cement News

Suez Cement has announced that its Kattameya plant has been seriously affected by the collapse of a soil barrier around one of the wastewater ponds of a treatment station that serves New Cairo. The incident resulted in the flooding of 1.5Mm 3 of treated wastewater, which has damaged part of the plant's limestone belt by removing it from its base. Furthermore, power cables were cut, light posts damaged and an asphalt road was demolished as it sank in the water. In a statement to the Egypti...

Whale Rock Cement starts sourcing local clinker

14 March 2019, Published under Cement News

Namibia's Whale Rock Cement, producer of the Cheetah Cement brand, has started to source clinker locally after initially sourcing it from Egypt, according to Zedekias Gowaseb, company chairman. "The clinker we import was from Egypt, that is no secret," said Mr Gowaseb. "From December 2018 we have already started to produce clinker from the Whale Rock mine," he added. Currently, the company’s cement products do not use the seal of approval from either the Namibia Standards Institute or ...

Sinai Cement records improvement in 2018

12 March 2019, Published under Cement News

Egypt’s Sinai Cement has reported that its standalone loss has narrowed by 13.7 per cent YoY in 2018 to EGP305.89m (US$17.56m), compared to EGP354.73m in the previous year. The improvement has been attributed to investment revenue and lower expenses, as well as collecting credit interests. However, revenue declined 37.7 per cent to EGP803.68m from EGP1.29bn. The company noted that cement consumption in Egypt fell five per cent in 2018.

Suez Cement returns to profitability in 2018

07 March 2019, Published under Cement News

Egypt’s Suez Cement reported a net profit of EGP121.43m (US$6.95m) in its full-year 2018 consolidated results, compared with a loss of EGP1.13bn in the previous year. Sales increased 14.9 per cent YoY to EGP7.42bn from EGP6.46bn. The company’s standalone profit also increased to EGP199.86m for 2018, against a loss of EGP441.79m in 2017.

Misr Beni Suef and Alexandria Cement report improved results in 2018

01 March 2019, Published under Cement News

Egypt-based cement companies Misr Beni Suef Cement and Alexandria Cement have posted improved results in 2018. Misr Beni Suef Cement posted net profits of EGP241.491m (US$13.8m) in 2018, more than twice its net profits of EGP110.616m announced in 2017. Alexandria Cement reported a reduction in its consolidated net loss in 2018, which fell to EGP394.166m from EGP513.934m in 2017. Stand-alone losses also decreased to EGP251.976m in 2018 to EGP401.794m in the previous year.

Arabian Cement’s 20 by 2020

20 February 2019, Published under Cement News

To diversify its fuel use and ensure stable plant operation, Arabian Cement Co introduced alternative fuels (AFs) on Line 2 at its plant in Suez, Egypt. Following its initial success, the company decided to lift its thermal substitution rate (TSR) by installing a hotdisc AF system on Line 1 as it aims to raise its TSR to 20 per cent by 2020. By Saeed Abou Hussein, Arabian Cement Co, Egypt. To ensure a reliable and stable fuel supply, Arabian Cement Co converted its single-fuel ceme...

Improving fuel security

12 February 2019, Published under Cement News

Germany-based Gebr Pfeiffer has successfully completed an EPC turnkey project to build a complete solution for fuel conversion and coal/petcoke grinding in the existing plant of Building Materials Industries Co (BMIC) in Assiut, upper Egypt. The new grinding facility enables BMIC to improve its fuel security in today’s volatile markets. By Ahmed Essam, Gebr Pfeiffer, Germany. Figure 1: the grinding area at BMIC’s Assiut plant includes an MPS 2800 BK VRM and process filter with flow...