Beni Suef reaches agreement to build coal mill, Egypt
Beni Suef has reached an agreement to build a coal mill worth in 12 months, the cement producer announced in a statement to the stock market. The project, worth EGP200m, will ...
Egypt
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Unitherm has successfully delivered several burners to Egypt
As part of the of the country's fuel diversification, Cemex Egypt awarded Unitherm Cemcon with the delivery of three MAS burners. These burners range from 97-105MW and are capa...
Egypt: Suez Cement to close Tourah Factory 1
Suez Cement Co has voluntarily agreed to close its Tourah Factory 1 to comply with the local government's policy to reduce the number of facilities that do not meet environment...
Egypt: National Cement swings to full-year loss
National Cement Co swung to a net loss of EGP138.4m (US$19.35m) in the fiscal year ended 30 June 2014 from a net profit of EGP93.5m for the year-earlier period. The pretax lo...
South Valley Cement 1H net profit reaches EGP64.9m
Egyptian cement producer South Valley Cement Co said yesterday its first-half net profit increased to EGP64.9m (US$9.07m). In the comparative period of the previous year, the ...
Suez Cement plant to switch to coal
Italcementi Group is looking to find a long-term solution to the fuel shortage problems it faces in Egypt with its subsidiary Suez Cement. Suez Cement needs to find a reliable ...
Beni Suef Cement gas and diesel supply halted
Beni Suef Cement announced that gas and diesel supply to its factories has stopped since 26 August 2014, according to a bourse statement on Monday. The firm added that when e...
Cimpor's 1H14 cement sales rise by 10.8%
Cimpor's first-half turnover showed a 4.4 per cent decline to EUR1243.1m, but at constant exchange rates there was a 22 per cent increase, while the EBITDA did improve by 1.6 p...
Egypt cement volumes hold firm
Egypt’s cement volumes demonstrated resilience over the Jan-May 2014 period with the pricing environment also positive. During the first five months of the year, volumes tot...
Sinai Cement awards FLSmidth contract to prepare for coal usage
Sinai Cement Co (SCC) has awarded FLSmidth, the contract to provide the equipment to facilitate the use of coal, Daily News Egypt has reported. The Egyptian-based cement prod...