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 digit...
Suez Cement
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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 spent...
Suez Cement orders 45GWh solar power project
Suez Cement Group ( Heidelberg Materials ) signed an electricity generation agreement with Intro Power and Utilities with the aim of constructing a solar power plant at the Suez...
Suez Cement to build Egypt’s first cement WHR Premium
Egypt-based Suez Cement is preparing to commission the country’s first waste heat recovery (WHR) facility in a cement plant by 2023. The project aims to reduce the plant’s carbo...
Suez Cement awards WHRPG project to Korra Energi
Korra Energi has been awarded a new strategic, 'Waste Heat Recovery for Power Generation (WHRPG) project at Helwan Company ( Suez Cement Group), which is affiliated with Heidelb...
Suez Cement Group appoints new CEO
Effective 1 May, José Maria Magrina, who led the Suez Cement Group of Companies as CEO for the last six years, will leave the company and start a new position with HeidelbergCem...
Egypt's cement sector sees sales rise 15% YoY
Egypt's cement industry recorded strong sales in March with total sales reaching 4.99Mt, up 22 per cent MoM and 15 per cent YoY. The industry’s utilisation rate also surged to 7...
Suez Cement sells 51% stake in Hilal Cement
Suez Cement (HeidelbergCement group) has offered its 51 per cent stake in Hilal Cement Co of Kuwait for sale through the Kuwait Bourse on 24 January 2021. The Board of Directors...
Suez Cement receives approval to delist from EGX
The Egyptian Exchange’s (EGX) listing committee has approved the voluntary delisting of Suez Cement Group from the EGX, according to a disclosure. Suez Cement's capital amounts ...
Suez Cement sees net loss widen in 9M20
Egypt’s Suez Cement has posted a consolidated net loss of EGP888.9m (US$56.79m) in the first nine months of 2020, widening from an EGP521.4m loss in the year-ago period. The com...