Egypt

531 posts · Page 8 of 54

South Valley Cement sees revenue fall in 9M23

South Valley Cement sees revenue fall in 9M23

South Valley Cement Co has reported revenue of EGP592.5m (US$19.15m) in the first nine months of 2023, down from EGP614.09m in the same period a year earlier. Net losses afte...

Korea's white cement levy on Egypt begins

Korea's white cement levy on Egypt begins

South Korea’s anti-dumping duty on white Portland cement from Egypt has begun. The 72.23 per cent levy started on 15 November 2023 and will last for four months. The move is...

Egypt: controlling the variables

Egypt: controlling the variables

Economic headwinds are exerting pressure on Egyptian cement producers and end-users. The cement sector is now playing a game of controlling the variables having introduced a pr...

Suez Cement rebrands as Heidelberg Materials

Suez Cement rebrands as Heidelberg Materials

Suez Cement Group of Companies (SCGC) has rebranded as Heidelberg Materials, reaffirming its vision to continue to lead the change in the sector towards sustainability and di...

South Valley Cement narrows loss in 1H23

South Valley Cement narrows loss in 1H23

Egyptian cement producer South Valley Cement has announced sales of EGP464.01m (US$15.02m) in the first half of 2023, up from EGP326.11m in the same period a year earlier. Th...