Egypt to postpone the issue of new licences
Egypt’s General Authority for Industrial Development announced it will postpone the issuing of licences to establish new cement factories to review the cement market in Egypt, a...
Egypt
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Fives facilitates Suez Cement's fuel substitution strategy
In the framework of a firing conversion to coal and petcoke, Fives will deliver a new FCB TSV™ classifier to to Egypt-based producer Suez Cement Co for the modernisation of a ve...
Egypt: Suez Cement 2Q net profit drops 57%
Suez Cement posted a second-quarter net profit of EGP60.9m (US$7.8m) on Tuesday, down 57.2 per cent from the EGP142.5m recorded a year earlier. Revenue over the three month peri...
Amreyah Cement Co awards coal mill contracts to Christian Pfeiffer
Christian Pfeiffer Maschinenfabrik signed a contract for the delivery and construction of two complete coal mills on 3 June 2015 at the head offices of Amreyah Cement Co, a memb...
Egypt: Arabian Cement launches social start-up programme
Arabian Cement Company (ACC) announced the launch of its social start-up programme, “Khaleeha Suessi”, helped by Nahdet El Mahrousa (NM), an incubator of early-stage social ente...
Qalaa Holdings topline growth boosted by ASEC Cement's Sudan subsidiary
Qalaa Holding reported a 43 per cent rise in revenue for the three months to the end of March 2015 to EGP1947.5m and an eight-fold surge in EBITDA growth to EGP275.8m. The compa...
Arabian Cement Co 1Q revenue rises 11% YoY
Arabian Cement Company (ACC) said first-quarter revenue increased by 11 per cent to EGP585m (US$76.6m) compared to EGP529m a year earlier. The advance was mainly attributed to a...
Lafarge Industrial Ecology signs two agreements to manage RDF platforms in Egypt
Lafarge Industrial Ecology (ECOCEM) has signed two major contracts to manage and operate existing refuse-derived fuel (RDF) platforms in Suez and Qalyubeya, Egypt. In an effort ...
Titan achieves better results in USA and Greece
Titan's first-quarter turnover improved 12.7 per cent to EUR283.8m and EBITDA declined by 23.7 per cent to EUR23.2m. The company posted a pretax profit of EUR7.6m versus a loss ...