Saudi company to invest in Egyptian production lines
A Saudi Arabian company is expected to invest EGP500m (US$28.37m) in three Egyptian production lines, according to Ahmed Abdel Razek, head of the General Authority for Industria...
Egypt
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Cement prices in Egypt fall after March high
Following their rise to EGP1250/t in March, cement prices in Egypt are dropping back to EGP950 this month, according to AhramOnline.
Increased demand for alternative fuel in Egypt
Egypt’s Minister of Environment, Khaled Fahmy, has opened a cement production line at Arabian Cement Co’s facility in Ain Sokhna, Suez, that uses Hot Disk technology for alterna...
Egyptian cement prices rise EGP250/t in March
Egyptian cement prices increased by EGP250/t (US$14.14/t) to reach EGP1100/t at the beginning of March, reports Ahram Online. This has been attributed to some manufacturers usin...
LafargeHolcim treated 10Mt of waste in 2017
LafargeHolcim’s global waste treatment arm, Geocycle, treated 10Mt of waste in 2017, an increase of 13 per cent YoY. The company co-processed many different types of waste, incl...
Cemex Day 2018
Cemex CEO, Fernando Gonzalez, opened the Cemex Day 2018 on 15 March, claiming that over the last four years they had built a stronger company, including achieving a US$6bn debt ...
Egypt exports rise 79% in January
Egypt’s cement exports increased 79 per cent in January 2018 to reach US$7m, compared to US$4m in the year-ago period, according to a report from the country's Export Council fo...
Sit-in at Egypt's National Cement prompts Parliamentary investigation
Egypt's National Cement Company is to be investigated after parliament decided it must resolve the dispute that has seen factory workers start a hunger strike and a sit-in, near...
Alexandria Cement reports increasing losses in 2017
Egyptian cement producer Alexandria Cement reported a consolidated net losses of EGP513.85m (US$ 29.13m) , when compared with net losses of EGP50.86m in 2016.
Sinai Cement swings into the red
Sinai Cement, Egypt, incurred consolidated net losses of EGP352.48m (US$19.99m) in 2017 from a net profit of EGP14.64m in 2016.