Egypt: Arabian Cement’s profit decline 32% in 9M14
Egypt's Arabian Cement made a EGP209.57m (US$29.3m) post-tax net profit for the nine months to 30 September, according to the unaudited standalone financial results. The firm po...
Egypt
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Saudi Arabia: Al Sawfa Cement orders a new EUR100m production line
ThyssenKrupp Industrial Solutions has received an order from Al Sawfa Cement Company, Saudi Arabia, to build a complete cement production line. The order is worth around EUR100m...
HAZEMAG & EPR wins three new MEA cement contracts
Materials processing and crushing specialists HAZEMAG & EPR has received a trio of orders in the Middle East and Africa during the third quarter of this year. El Arish's new pro...
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 be...
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 capab...
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 environmenta...
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.
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 co...
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 f...
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.