Egyptian cement prices 'stable' through the year
Egyptian cement prices were considered stable through fiscal 2015 as cement companies provided their final report of monthly disclosures on cement prices to the Ministry of Sup...
Egypt
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Egypt: Beni Suef Cement starts SRC production
Beni Suef Cement has started to produce sulphate-resistant cement (SRC) for use in tunnels and other special projects. The Egyptian cement producer is aiming to boost sales by ...
Qalaa Holdings 9M15 revenue driven by energy and cement divisions
Qalaa Holdlings reported consolidated revenues of EGP2051.2m in the third quarter of this year, up 19 per cent compared to the same period of 2014. On a nine-month basis, rev...
Egypt: Arabian Cement Co reports rise in 9M15 volumes but lower prices
Arabian Cement Co (ACC) of Egypt reported a four per cent decline in revenues to EGP1711m (US$219m) for the first nine months of 2015, due to a 12 per cent decline in prices wh...
ASEC Cement closes sale to Misr Cement Qena
ASEC Cement, a business unit of Qalaa Holdings, on Sunday announced it reached financial close on the sale of its holdings in subsidiaries ASEC Minya Cement and ASEC Ready Mix ...
Egypt: residents' angry over Titan’s Alexandria emissions
Titan's Alexandria cement plant is being investigated in terms of environmental concerns after local residents’ complaints. A complaint was filed on Sunday at the Alexandria Pr...
Egypt: Alexandria Portland Cement Co sees EGP116m loss in 9M15
Egypt’s Alexandria Portland Cement Company reported a EGP116m (US$14.4m) loss in the first nine months of 2015, in an official statement to the Egyptian Stock Exchange (EGX). T...
Egypt: SCG reports 18% drop in 3Q revenue
Suez Cement Group of Companies (SCGC) reported an 18 per cent decrease in revenues for the third quarter of the year versus the same period in 2014 and 12 per cent for the fir...
Egypt: Qena Cement makes offer for larger stakes in Qalaa subsidiaries
Egyptian investment company Qalaa Holdings announced Monday that it received a preliminary acquisition offer from Qena Cement to buy stakes in both its subsidiaries ASEC Minya ...
Egypt prices decline on slower construction activity
Egyptian prices have declined three times in the past two months as a result of increased supply and low demand in the market, local media have reported. A ton of cement now ...