Cementir's 1Q24 regional market update
Cementir's results for the 1Q24 were overall in line with management's expectations despite the decline in revenues and EBITDA compared to the first quarter of the previous year...
Egypt
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RHI Consultancy is awarded a contract with SESCO for Amreyah Cement
On its 20th anniversary, Reliance Heavy Industries (RHI) has been awarded a consultancy contract with SESCO Cement for the upgrade of Amreyah Cement Co Line 2. The RHI team will...
Sinai Cement sees sales surge in 2023
Egypt’s Sinai Cement has reported a surge in sales, with EGP4.28bn (US$90.68m) posted for 2023, compared to EGP2.34bn in the previous year. A consolidated net loss after tax of ...
Arabian Cement awarded three EPDs
Arabian Cement Co has been awarded the Environmental Product Declaration (EPD) certificate for three of its key products – clinker OPC, CEM II/A-P 42.5N, and CEM I/42.5N. “This ...
Misr Cement becomes an exclusive agent for MAN in south Upper Egypt
Misr Cement Maintenance has collaborated with Kastour Egypt for Trade and Industry, the exclusive agent of the International German truck brand MAN along with other brands. The ...
Misr Beni Suef Cement announces return to profitability in 2023
On 7 March 2024, Misr Beni Suef Cement Company SAE (MBSC) reported that it made a net profit of EGP369.102m (US$7.520m) after tax in 2023. This comes after they reported net los...
Arabian Cement Company sees profits surge in 2023
Egypt's Arabian Cement Company has reported net sales of EGP5.93bn (US$119.67m) in the year ended 31 December 2023, up from EGP4.55bn in the same period in the previous year. Gr...
Misr Cement appoint new CEO and MD
Mr Hassan Gabry has been appointed the new CEO, managing director and member of the Board of Directors at Misr Cement Group , effective from February 2024. Mr Gabry brings over ...
Geocycle Egypt completes new SRF platform
Geocycle Egypt has launched its SRF hub, giving it precise control over the quantity and premium quality of alternative fuel at 15MJ/t RDF, adhering to our specifications and st...
Red Sea crisis on Pakistan’s cement industry
Pakistan closely monitors the Red Sea crisis as it could disturb the movement of cement export cargoes to the USA and Europe as well as affect coal imports at Pakistani ports. I...