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Minerals Department issues 8 cement plant licences in Punjab

07 October 2020, Published under Cement News

Pakistan’s Minerals Department has issued licences to eight companies willing to invest in Punjab to establish cement factories. These licences were issued on the direction of Provincial Minerals Minister, Hafiz Ammar Yasir, who noted that the province was making headway towards progress and development, according to The News International. Under the previous government, there was a ban on establishing new cement factories in Punjab. However, Hafiz Ammar Yasir has since had the ban wit...

Egyptian government announces award of three new plant licences

01 December 2016, Published under Cement News

The Egyptian Industrial Development Authority has today announced that three firms have been successful in their bids to build new cement plants, local media reports. The licences, which will permit the construction of new integrated works with between 1.5 and 2.0Mta capacity, were awarded to El Sewedy Cement, South Valley Cement and a third firm, identified in the article as Egyptian Cement. El Sewedy, which currently has around 2.3Mta of cement capacity, will be permitted to build a ...

Egypt: new licences may threaten Misr Cement

04 July 2016, Published under Cement News

The Egyptian government will announce the results of the license 8 tender on 30 July, which will see the addition of new production capacity to compete with current companies in the market. Beltone Financial said that the future of Misr Cement-Qena’s market share is under threat, as the company currently occupies the second position in the market, following Cemex. Beltone has predicted that cement prices in the country will remain low, at a price of EGP500/t (US$56.33/t), until 2018, comp...