Cement News tagged under: Sudan
ASEC signs O&M contract with Al-Takamol Cement26 November 2020, Published under Cement NewsArab Swiss Engineering Co (ASEC) has signed a signing a 3-year contract for the operation and maintenance of Al-Takamol Cement’s 1.6Mta facility, located north of Khartoum city, Sudan. In 2009 ASEC and Al-Takamol signed the first operation and maintenance agreement for the plant and ASEC was entrusted with its technical management until 2011, when the plant shifted to self-operation. "Resuming the collaboration with Al-Takamol Cement Co is a testament of the cherished trust our customer... |
Qalaa Holdings achieves 105% YoY growth in 2Q2001 October 2020, Published under Cement NewsQalaa Holdings has reported its consolidated financial results for the quarter ended 30 June 2020, with revenues of EGP7.4bn (US$470m), up 105 per cent YoY. " Qalaa’s performance was anchored by a recovering cement market in Sudan and an optimised pricing strategy by Al Takamol, which played a key role in offsetting the impacts of Egypt's underperforming cement market," said Qalaa Holdings' Chairman and Founder, Ahmed Heikal. |
Qalaa Holdings records revenues of EGP14.9bn in FY201905 May 2020, Published under Cement NewsQalaa Holdings of Egypt has reported total revenues of EGP14.9bn (US$945m), for its consolidated financial results for the year ended 31 December 2019, up 11 per cent YoY. Qalaa's EBITDA remained steady at EGP1.3bn in FY19 and increased by 17 per cent YoY in the 4Q19 to EGP325m. Flat full-year EBITDA was largely the result of a 60 per cent YoY decline in ASEC Holding’s EBITDA in FY19. The cement segment's performance was affected by an underperforming cement market in Egypt, and social an... |
Sudan's cement factories cut production by 50%17 July 2018, Published under Cement NewsFuel shortages and frequent power cuts have forced cement factories in Sudan's River Nile state to reduce their production by more than half. Atbara Cement plant has cut its cement production from 120,000tpm to 60,000tpm, said a company spokesperson. He said that the cement production in El Salam Factory dropped from 60,000tpm to 20,000tpm, El Takamol Factory from 80,000tpmto 32,000tpm, the North Factory from 120,000tpm to 50,000tpm and the Berber Factory from 70,000tpm to 30,000tpm. A g... |
Qalaa Holdings 9M15 revenue driven by energy and cement divisions10 December 2015, Published under Cement NewsQalaa Holdlings reported consolidated revenues of EGP2051.2m in the third quarter of this year, up 19 per cent compared to the same period of 2014. On a nine-month basis, revenues climbed 31 per cent YoY in 9M2015 to EGP6085.5m. Revenue growth in the 9M2015 was driven by both cement manufacturing arm ASEC Cement and energy distribution business TAQA Arabia. TAQA Arabia (energy distribution) posted a 36 per cent rise in revenues to EGP1713.2m in the period, while ASEC Holding (cement ... |
Qalaa Holdings to boost output of Al Takamol plant, Sudan29 June 2015, Published under Cement NewsEgyptian-based Qalaa Holdings is to boost output of the Al Takamol cement plant in Sudan to 800,000t in 2016. Abdalla ElEbiary, MD of Qalaa, said last week that it plans to enhance production by establishing a new coal mine for the plant within the coming year, according to reports by Zawaya news. Al Takamol Cement’s 1.6Mta works at Atbara, 300km north of Khartoum, is a subsidiary of Qalaa Holdings via a 51 per cent holding by ASEC, and with 49 per cent held by the Sudanese National Pen... |
Qalaa Holdings topline growth boosted by ASEC Cement's Sudan subsidiary15 June 2015, Published under Cement NewsQalaa Holding reported a 43 per cent rise in revenue for the three months to the end of March 2015 to EGP1947.5m and an eight-fold surge in EBITDA growth to EGP275.8m. The company said topline growth was driven mainly by operational improvements at subsidiary ASEC Cement’s Al-Takamol works in Sudan, which recorded revenue growth of 157 per cent or an EGP131.7m increase over 1Q14. Furthermore, Qalaa’s core platform company TAQA Arabia also saw revnues increase by 57 per cent to EGP526.5m i... |
Lafarge Jordan Cement 2011 losses10 April 2012, Published under Cement NewsLafarge Jordan Cement reported JOD20m worth of losses in 2011 and revenues dropped 21 per cent YoY to JOD134m, according to reports in The National. The company, which once had a monopoly in the country, has been struggling from increased competition ever since a fourth cement factory opened in March last year, while rising costs have impacted revenues. Lafarge Jordan Cement has two plants, in Al Fuheis and Al Rashadiyah, with a combined production capacity of 4.8Mta. Production i... |
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