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 prev...
Egypt
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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.
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 120k...
Egypt sets out on a new course Premium
President Abdel Fattah al-Sisi has managed to return a certain degree of stability to Egypt, with the economy expected to show a gradual recovery. A broad infrastructure program...
Cimpor takes massive provisions in Brazil
Cimpor's first-half turnover dropped by 31.1 per cent to EUR897.3m, while EBITDA declined by 39.1 per cent to EUR170.1m. The amortisation and provision charge jumped from EUR100...
Egypt: Sinai Cement returns to profit
Sinai Cement has announced that it earned a net profit of EGP15.4m (US$1.7m) for the first half of 2016, reversing the EGP28.7m losses that it recorded in the same period last y...
Egypt: South Valley profits up 33%
South Valley Cement announced a net profit increase of 33 per cent for the 1Q16. A net profit of EGP42.85m (US$4.82m) was registered in the quarter compared to EGP32.35m for the...
Egypt: Arabian Cement to install new coal mill
Arabian Cement Co announced that the company's board of directors was convened last Sunday
Egypt: Siemens to launch Sicement Electrification system
Siemens Egypt will on Thursday launch its new Sicement Electrification System at the “Bringing Power to Cement Industry” forum in Cairo, Daily News Egypt reports. Egyptian cemen...
Egypt: Suez Cement 1H16 sales up 6%
Suez Cement Group of Companies (SCGC) 1H16 results showed that growth slowed in 2Q16, due to lower demand during the holy month of Ramadan and June. However, overall, the domest...