Helwan Cement to install WHR system
Suez Cement Group of Companies (SCGC), owned by Heidelberg Cement group, has announced an investment of around US$20m to build a waste heat recivery system (WHR) at its Helwan...
Suez Cement Co
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Suez Cement CEO calls for government to support industry
Jose Maria Magrina, CEO of Suez Cement (HeidelbergCement), has called for the government to set out a plan to rationalise the Egyptian cement market. "There is a large surplus...
Egypt sees cement sales surge 42% in June
Egypt's cement industry has reported a sudden surge in total sales, recording 3.64Mt during June 2020, including minimal exports, up 42 per cent MoM and one per cent YoY. June...
Suez Cement sees 27% fall in revenue
Egypt’s Suez Cement has posted an EGP389.65m (US$24.07m) net loss in its consolidated results for the 1Q20, compared to an EGP213.07m profit in the first quarter of 2019. The c...
Egyptian cement producers seek market solutions
This week HeidelbergCement-owned Suez Cement and Tourah Cement reported their 1H19 results with further declines in sales, leading to wider losses for both Egyptian cement ...
Suez Cement records EGP293m net loss in 1H19
Egypt’s Suez Cement recorded a net loss of EGP293.4m (US$17.69m) for the first half of 2019, down from an EGP238.2m profit in the year-ago period. Revenues declined 16.7 per ce...
Rimco Investments increases share ownership in Suez Cement
Rimco Investments has purchased around 474,000 shares in Suez Cement (HeidelbergCement Group) raising its shareholding from 8.85 to 9.11 per cent. The total value of the deal ...
Kattameya plant burns biomass for the first time
The Suez Cement Kattameya plant (HeidelbergCement Group) has used waste as alternative fuel (AF) in its main burner for the first time this week. The Kattameya plant’s tea...
HeidelbergCement
HeidelbergCement subsidiary Suez Cement Co, which came with the purchase of Italcementi, has agreed in principle to sell the El Minya white cement works to Emaar Industries Com...
New owners for El Minya white cement
This week CemNet reported that Helwan Cement's 1Mta white cement plant in Egypt's Minya governate is being sold to Emaar Industries Co of UAE, subject to regulatory approval....