South Valley Cement sees net loss contract in the 1H20
Egypt’s South Valley Cement has seen its net loss contract to EGP69.82m (US$4.45m) in the 1H20, compared with EGP100.82m in the 1H19. However, in the 2Q20 sales declined 21.5 pe...
South Valley Cement
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South Valley Cement losses increase sharply
South Valley Cement Company, Egypt, posted a 930 per cent year-on-year increase in losses during the first nine months of 2019, according to the company’s financial statements. ...
South Valley Cement posts loss in 1Q19
Following reports that its total profit fell 54 per cent in 2018 , Egypt-based South Valley Cement has announced that it made a loss in the first three months of 2019. The compa...
Egypt: South Valley denounces new capacity project
Three private companies are reported to have gained licences for new plants in Egypt after the latest round of bidding,
Egypt: South Valley Cement discusses new Beni Suef line
Ahmed El-Mekati, board member of South Valley Cement Company (SVCC), has said the company is looking into the investment cost of a new 1.5Mta production line, as the cost of imp...
Egyptian government announces award of three new plant licences
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 licenc...
Egypt: South Valley profits up 33%
South Valley Cement announced a net profit increase of 33 per cent for the 1Q16. A net profit of EGP42.85m (US$4.82m) was registered in the quarter compared to EGP32.35m for the...
Sinoma signs contract with Egypt's South Valley Cement
Egypt-based South Valley Cement Co has signed an EPC contract for a grinding unit with Chinese firm Sinoma CDI, to enable its plant to use petcoke, with a grinding capacity of 5...
South Valley Cement 1H net profit reaches EGP64.9m
Egyptian cement producer South Valley Cement Co said yesterday its first-half net profit increased to EGP64.9m (US$9.07m). In the comparative period of the previous year, the co...
South Valley seeks alternative energy sources
Egypt-based producer South Valley Cement is seeking alternative energy sources as securing sufficient fuel to operate production facilities has become one of its key challenges.