Cement News tagged under: Lafarge Egypt

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Lafarge Egypt to increase AR rate to 50%

12 December 2022, Published under Cement News

Lafarge Egypt plans to increase its alternative fuel rate to 50 per cent in the near future. Speaking at the Euromoney Egypt Conference 2022 in Cairo last week, Ahmed Khalifa, chief financial officer and IT director at Lafarge Egypt, said the company had already reached 20 per cent alternative fuel use as part of its vision on transition to energy mix, according to Egypt’s 2050 strategy, reports Mist News. “ We in Lafarge Egypt are promoting and contributing towards transforming into ...

Lafarge Egypt and Lumika sign US$93m solar power pact

16 May 2022, Published under Cement News

Holcim-owned Lafarge Egypt has signed a US$93m long-term agreement with Lumika Renewables Egypt, part of the AP Moller Egypt, to generate 140GWh of solar energy annually, according to Mist News. The two companies will establish a new 50MW power plant – the first plant owned by Lumika in Egypt. The plant will enable Lafarge to use clean energy for 50 per cent of its cement works’ energy consumption. The agreement comes into force by the first quarter of 2024.

Lafarge Egypt introduces EcoLabel cement

08 April 2021, Published under Cement News

Lafarge Egypt has announced that it will introducing EcoLabel cement for the first time in Egypt. The new products comply with the group’s green criteria, including having a lower CO 2 footprint and recycled content. "Hydrocem Plus EcoLabel & Hydrocem EcoLabel represent the industry’s broadest range of green cement for high-performing, sustainable and circular construction," said Solomon Baumgartner Aviles, CEO of Lafarge Egypt. "We are dedicated to R&D at the forefront of carbon neutra...

Egyptian promise

01 February 2021, Published under Cement News

Lafarge Egypt is among the leading companies in the domestic building materials sector with a long-standing history in the country. Despite current market headwinds and the impact of COVID-19, Solomon Baumgartner-Aviles, the newly-appointed CEO of Lafarge Egypt, explains why the country holds much promise for the group globally and the MEA region, and outlines strategies for overcoming challenges. By Lafarge Egypt, Egypt. Lafarge Egypt provides an insight into the effects of the COVID...

Lafarge Egypt and Orascom in waste management deal

20 March 2015, Published under Cement News

Lafarge Egypt and Orascom Telecom Media and Technology Holding (OTMT) announced that they have signed a memorandum of understanding (MoU) to develop a waste management framework of municipal and agricultural waste. The memorandum, signed by Hussein Mansi, CEO of Lafarge Egypt and Tamer el Mahdy, deputy CEO and chief operating officer, OTMT, has been created by the two companies in an effort to process large volumes of municipal and agricultural waste into alternative fuels to be used in th...

Egypt: signs of stability despite political unrest

11 February 2013, Published under Cement News

Despite recent news reports of political tension in Egypt, there are some positive signs in the country's cement market that demand is recovering after two difficult years. The latest figures indicate that last year cement demand expanded by around five per cent, just surpassing the 51Mt mark, a growth rate not seen since 2009. In 2011, consumption fell 1.7 per cent to 48.69Mt while prices contracted 10 per cent.   During these the past two years, the entry of new companies has provided new ...