Sinai Cement cuts consolidated loss by 22% YoY in 1H23
Sinai Cement Co posted a 22.12 per cent YoY drop in consolidated net loss attributable to the holding company for the 1H23, according to the consolidated financial income sta...
Egypt
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Qena Cement undergoes assessment for alternative fuel project
As part of Misr Cement Group’s commitment to its strategy to "positively impact on the environment”, the Qena cement plant has submitted an environmental impact assessment...
Cementir reports 36% rise in 1H net profit
Cementir Holding posted broadly stable sales of EUR454.5m in the second quarter of 2023. Growth in Turkey, Asia-Pacific and Egypt was able to partially offset a decrease in rev...
Egypt's cement exports rise 33% in 5M23
Egypt’s cement exports climbed by 33 per cent during the first five months of 2023, according to a recent report by the Export Council for Building Materials, Refractory, and M...
Misr Cement Group joins WCA
The World Cement Association (WCA) is welcoming Misr Cement Group, one of the longest-standing cement and building materials manufacturing companies in Egypt, as a corporate me...
Suez Cement invests millions in sustainability targets
Suez Cement , part of the Heidelberg Materials Group , continues to invest heavily in its environmental sustainability efforts. According to the company, since 2010 it has sp...
South Valley Cement reports loss in 1Q23
Egypt’s South Valley Cement Co has reported net losses after tax of EGP37.05m (US$1.19m) in the opening quarter of 2023, up from EGP31.2m in the same period a year earlier. S...
Sinai Cement narrows 1Q loss
Egypt-based Sinai Cement Co , part of Vicat , saw consolidated net losses after tax of EGP58.47m (US$1.89m) in the first quarter of 2023, compared with losses of EGP67.19m in...
Kenyan clinker imports set for additional tax
Kenyan producers of clinker are being boosted with the proposal to introduce a new tax as the State moves in to protect local industry. The export and investment promotion levy...
Cementir reports significant revenue increases in Europe in 2022
Cementir's regional results showed significant revenue increases in Turkey, Europe, US and Malaysian markets. However, cement sales were under pressure in most regions. Cem...