Egypt: IDA to allow cement producers to pay licenses in installments
The Industrial Development Authority (IDA) is allowing the three winners of last week's cement production license auction to pay license fees in annual instalments, Al Mal repor...
Egypt
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Egypt: South Valley Cement discusses new Beni Suef line
Ahmed El-Mekati, board member of South Valley Cement Company (SVCC), has said the company is looking into the investment cost of a new 1.5Mta production line, as the cost of imp...
Egyptian government announces award of three new plant licences
The Egyptian Industrial Development Authority has today announced that three firms have been successful in their bids to build new cement plants, local media reports. The licenc...
Sinai Cement swings into EGP7.7m 3Q profit
Egypt’s Sinai Cement reported a profit of EGP7.65m in 3Q16 vs a 3Q15 loss of 24.47m.
Developing AF in Egypt Premium
With the increasing scarcity of natural gas and the hike in gas prices, Egypt’s cement producers are seeking alternative ways of firing their kilns. The availability of MSW and ...
Egypt: cement plants to use 15% of waste by 2030
The Ministry of Environment's submitted plan that seeks to encourage the increase in waste used as alternative fuel in cement plants to 15 per cent by 2030 has been approved by ...
Egypt: Ain Sokhna plant a step nearer to reality
A cement company plans to establish a cement factory on the Ain Sokhna desert road with a 1.5Mta clinker production capacity. Ahmed Abdelmoghny, managing director of Premiere Fi...
Egypt: ASEC to sell Djelfa plant project
Egypt-based ASEC Group has reached an agreement with Algerian investors for the sale of a part-constructed cement plant site in Djelfa for US$60m. Information regarding the Alge...
Egypt: mixed 9M16 results for Suez and Tourah
Suez Cement reported a net profit of EGP49.6m (US$5.59m) for the first nine months of 2016. For the third quarter the company saw losses of EGP-66.9m, an increase from EGP-63.3m...
Egypt: manufacturers encouraged to increase AF use
The Minister of Industry and Foreign Trade, Tarek Qabil, announced that the industry has completed a study on the use on alternative fuel sources to fossil fuels in Egyptian cem...