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. In the first nine months of 2016, the company turned a profit of EGP23.02m (US$426,111),...
Egypt
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Developing AF in Egypt
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 ...
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 Alg...
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-63.3...
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 ce...
Egypt: NCC incurs US$13.5m losses
Egypt’s National Cement Company (NCC) incurred net losses of EGP119.9m (US$13.5m) during fiscal year 15-16, an improvement when compared to the EGP282.5m registered for the pre...
Egypt: Wadi El Nile Cement to upgrade clinker output
Wadi El Nile Cement Company (WNCC) has given FLSmidth an order to upgrade its plant from 6000 to 7200tpd of clinker. The order is contained within a new five-year maintenance ...
Egypt: FLSmidth awarded WNCC upgrade and operation contract
The Wadi El Nile Cement Company (WNCC) has signed a new five-year contract with FLSmidth that will see the Danish firm continue to maintain and operate a 2Mta plant located 120...