Egypt's cement production drops 20% because of gas shortages
A shortage of natural gas in Egypt and subsequent constraints in electricity supply over the last four months has forced the country's cement industry to reduce production by 2...
Egypt
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Cemex plans US$100m Egyptian investment
Cemex announced today that it expects to invest approximately US$100m (approximately EGP700m) to significantly improve its operations in Egypt and continue supporting the count...
ACC ready to make the switch from gas, Egypt
Arabian Cement Company (ACC) has taken all the steps needed to make the switch from gas to coal and refuse derived fuel, according to the company's chief. Jose Maria Magrina...
ASEC Minya launches clinker production at 2Mta plant, Egypt
Citadel Capital announced that ASEC Minya (formerly the Arab National Cement Company), a key subsidiary of portfolio company ASEC Cement, has started the production of clinker ...
Titan recovers in the USA
Titan's first-quarter turnover showed a 7.8 per cent improvement to €243m while the EBITDA fell by 29.4 per cent, in line with the 29.3 per cent reduction seen this time last y...
Lafarge sales down on 1Q weather effect, confirms 2013 goals
Lafarge reported a six per cent decline in sales in the three months to the end of March as it was impacted by harsh winter weather conditions and production issues in Algeria ...
OCI to settle tax dispute with Lafarge
OCI has agreed to pay about EGP7bn (US$1bn) over five years to settle a tax dispute on the sale of its cement unit to Lafarge back in 2007, Bloomberg has reported. The payme...
Suez Cement production scaled back 30% due to energy shortages
Egypt-based Suez Cement said that it scaled back production by as much as 30 per cent last year due to a lack of fuel supplies. "A lack of fuel supplies has cut our annual ...
ASEC signs training programme initiative with Minya University, Egypt
ASEC Minya and ASEC Ready Mix, two subsidiaries of ASEC Cement have signed a memorandum of understanding (MoU) with Minya University to help prepare students with the skills th...
Panel to review Egypt gas price hikes
A panel of judges is set to review an appeal made by five cement producers over gas price hikes by the Egyptian government, a Cairo administrative court said. According to r...