Cement News tagged under: South Valley Cement Company
Egypt: South Valley Cement to double capacity03 September 2015, Published under Cement NewsTamer Abdel Rahman, investor relations manager of South Valley Cement, said that the company intends to double its production capacity to 3.2Mta. He added that the intended increase is supported by two new cement mills under construction, Alborsa newspaper reported. Simon CDI is building the new line which will have a cement capacity of 1.7Mta. The new capacity is due to come on-stream in 2017. |
Egypt: South Valley signs contract with Sinoma CDI20 August 2015, Published under Cement NewsEgypt-based South Valley Cement Company (SVCE) has signed a contract with Chinese firm Sinoma CDI, to carry out a new grinding line, vice chairman Hussien Shbakshy said Wednesday. The contract is reported to be for a total value of EGP300m (US$38.3m). |
South Valley to bid for additional shares in BMIC, Egypt12 November 2014, Published under Cement NewsSouth Valley Cement Company voted on Sunday to bid for no less than 30 per cent of Egyptian Building Materials Industry Company (BMIC), to add it to the 47.61 per cent of the shares that it currently owns. The offer is aimed at the 30.07 per cent held by Egypt Kuwait Holding Company but will also be extended to other investors in BMIC interested in selling their shares, South Valley Cement announced on Monday in a filing to the Cairo Stock Exchange. No financial details related to the pote... |
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