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 usi...
Egypt
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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, inc...
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 deb...
Egypt exports rise 79% in January
Egypt’s cement exports increased 79 per cent in January 2018 to reach US$7m, compared to US$4m in the year-ago period, according to a report from the country's Export Council f...
Sit-in at Egypt's National Cement prompts Parliamentary investigation
Egypt's National Cement Company is to be investigated after parliament decided it must resolve the dispute that has seen factory workers start a hunger strike and a sit-in, nea...
Alexandria Cement reports increasing losses in 2017
Egyptian cement producer Alexandria Cement reported a consolidated net losses of EGP513.85m (US$ 29.13m) , when compared with net losses of EGP50.86m in 2016. The company’...
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. Its standalone net results showed a net loss ...
LafargeHolcim announces new Middle East/Africa organisation
LafargeHolcim has announced its new organisation for the Middle East and Africa region. "This new organisation will further increase our market focus, our operational performan...
National Cement posts net loss in 1HFY18
National Cement has announced that its losses increased during the first half of FY18, ended December 2017. The loss increased by 136.7 per cent, to EGP496m (US$28m) from EGP20...
National Co for Cement to avoid losses by coal mill
To help reduce the losses recently incurred by Egypt-based National Co for Cement, its new Chairman, Emad el-Din Mustafa has said the company will purchase a coal mill. The ...