Misr Beni Suef two week gas stoppage to plant, Egypt
Misr Beni Suef Cement announced that gas supplies to its plant stopped for 15 days during the period from 16 June 2012 to 30 June 2012. The company added in a release sent t...
Egypt
531 posts · Page 53 of 54
Citigroup lowers Italcementi price target, Italy
Citigroup has lowered its price target on Italcementi to EUR3.60 from EUR4.10, after cutting by 15% the pre-tax profit estimates for the Italian cement producer in 2012 and 201...
Egypt set to resume cement license programme
The Egyptian government is to start resuming its cement licensing programme to attract investment, particularly foreign interest, according to an official at the Ministry of Fi...
Suez Cement delays new lines, Egypt
Egypt-based Suez Cement has delayed a EGP1.5bn (US$248m) capacity expansion, Al Alam Al Youm reported, citing Managing Director Bruno Carrea. The company has postponed addit...
Arabian Cement Co commissions second line, Egypt
Arabian Cement Company has officially opened its Line No 2 which has doubled the capacity of the plant at Suez to 5Mta. Speaking during the opening ceremony, Jose Maria Magr...
ASEC Cement completes Zahana overhaul in Algeria
Citadel Capital announced today that a key subsidiary of portfolio company ASEC Cement has completed a significant overhaul. “Zahana Cement Company, our key Algerian subsidia...
Suez Cement strike action, Egypt
Egyptian cement producer, Suez Cement, said that workers in two of its factories started strike action on 14 March. The strike has halted shipping at the Suez and Katamiya plan...
Qatar National Cement clinker shipment
Qatar National Cement is to conclude a deal this week to import 500,000t of clinker to meet increased cement demand. Bids were submitted to Egyptian and UAE suppliers, accordin...
Suez Cement reports 54% decline in 2011 net profit
Suez Cement of Egypt posted a 54 per cent decline in 2011 due to political unrest and uncertainty. Net income fell to EGP568.6m (US$94m) from EGP1.24bn in 2010, the company...
Egypt to announce fresh round of licences
A new round of licence bidding for greenfield cement plants in Egypt will get underway within the next three months. A representative of the minister of trade and industry anno...