Egypt's National Cement Co goes into liquidation
Egypt's Ministry of Public Sector has announced that the National Cement Co (NCC) has fallen into liquidation. NCC's kiln lines had been shutdown since 31 May 2018. Minis...
Suez Cement Co
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Helwan Cement to sell white cement plant
Egypt’s Suez Cement has announced that its subsidiary, Helwan Cement Co, has entered into an agreement with Emaar Industries to sell its 1Mta white cement plant in Minya Govern...
Suez Cement reports net profits of EGP250m in 1H18
Suez Cement reported EGP250.59m (US$14m) in net profits for the six-month period ended June, against a loss of EGP40.61m in the year-ago period, according to a filing to the Eg...
Egypt: mixed 9M16 results for Suez and Tourah
Suez Cement reported a net profit of EGP49.6m (US$5.59m) for the first nine months of 2016. For the third quarter the company saw losses of EGP-66.9m, an increase from EGP-63.3...
Egypt: Suez Cement 1H16 sales up 6%
Suez Cement Group of Companies (SCGC) 1H16 results showed that growth slowed in 2Q16, due to lower demand during the holy month of Ramadan and June. However, overall, the domes...
Suez Cement says profit transfers hit by foreign currency crisis in Egypt
Suez Cement is struggling to transfer shareholder profits out of Egypt because of a foreign currency crisis, Reuters reports. Egypt has been struggling to revive its economy s...
Suez Cement results impacted by lower selling prices, higher energy costs
Suez Cement Co, part of the Italcementi group, reported an 8.3 per cent drop in consolidated revenues for 2015 to EGP5.64bn (US$720m) from EGP6.15bn a year earlier. It recorded...
Suez Cement to convert Helwan and Torah plants to use coal and RDF
Suez Cement is aiming to convert Torah and Helwan plants to use coal and RDF in addition to the already-used HFO following the conversion of Kattameya and Suez plants in 2015. ...
Fives facilitates Suez Cement's fuel substitution strategy
In the framework of a firing conversion to coal and petcoke, Fives will deliver a new FCB TSV™ classifier to to Egypt-based producer Suez Cement Co for the modernisation of a v...
New contract for Boldrocchi Ecologia in Egypt
Boldrocchi Ecologia has signed a new contract with Tourah Portland Cement, a subsidiary of Suez Cement Group of Companies (SCGC), for revamping of the whole Line #9 de-dusting ...