Cement News tagged under: Sinai Cement Co

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Vicat's Egyptian market share targeted to reach 5%

30 May 2019, Published under Cement News

Vicat has a market share of under three per cent in Egypt, but Tamer Magdy, CEO of Vicat Egypt, claims that the company will achieve profit early next year, while it aims to take its market share to five per cent. Vicat acquired Sinai Cement, its Egyptian subsidiary near Al-Arish, in 2003. The Egyptian market has been challenging for Vicat and it stopped production in the 1Q18. The commissioning of new plants has caused considerable overcapacity of 30Mta in the country. Mr Magdy will look ...

Sinai Cement awards FLSmidth contract to prepare for coal usage

25 July 2014, Published under Cement News

Sinai Cement Co (SCC) has awarded FLSmidth, the contract to provide the equipment to facilitate the use of coal, Daily News Egypt has reported. The Egyptian-based cement producer also said it would partner with local contractors and suppliers to equip the plant to use coal as an alternative energy to natural gas and fuel oil.