Latest in Tag: cement Highlight
Latest in Tag: cement

Cement factories face difficulty in using coal within energy mix
Government must provide alternative areas for factories in demographic areas, cement factory owners say

Surplus cement supply stabilises prices for 5th month
854,000 tonnes of cement were produced in April, states Minister of Supply

Cement, tanneries, foundries, rubbish collecting dangerous on Egyptian’s health
Leather manufacturers use materials against specifications, children most affected by diseases

Industry Ministry studies new steel, cement licences
Head of Metallurgical Industries chamber says there is a gap between steel factories production capacity and actual production

Italcementi currently focused on energy diversification: CEO Carlo Pesenti
The company is working on converting two of its facilities to coal
IDA proposes 12 cement licences in Upper Egypt this year: Chairman
Authority is preparing mechanisms to licence factories, to be submitted to cabinet within days, says IDA head
Various sector agreements could be signed during summit: Italian official
Twenty-five to 30 Italian companies from several sectors are participating in Egypt’s Economic Summit, Massimiliano Fachini, a member of the Italian delegation, confirmed to the Daily News Egypt. He added that the sectors represented include energy, electricity, manufacturing, cement, construction, finance and services, in statements on the sidelines of the summit in Sharm El-Shaikh. Discussions …
Egyptian architect shortlisted for arcVision contest
Winner will receive financial prize and two-week research project and workshop in Italy
Qalaa Holding seeks to raise $300m from projects’ exits
The company exited Bank of Sudan, Sphinx Glass and Pharos Holding
Electricity ministry owes EGAS EGP 53bn for gas deliveries: EGAS Chairman
The Ministry of Electricity demanded a maximum of approximately 149m cubic metres of daily gas to stations during the summer, says Abdel Badie

Cement companies look to control market prices in face of production decline: Sector Source
Establishment of higher council for building materials sought and introduction of new licence to control irregularly priced items

Government studies allow new cement factories to be established: Prime Minister
Government Economic Group discussion takes legal and economic dimensions into account in expanding cement production

New licences will not boost steel and cement production due to energy shortages: manufacturers
Energy supply does not match targeted output, claims steel and cement companies

Government considers new iron, cement licences to fill local gap
Consultations with GAFI Board on final draft of amendments to investment guarantees and incentives to take place within a week

Cement prices stable: Supply minister
No ministry obligation to stabilise prices, cement prices vary according to market changes, says Suez Cement chairman

Up to six companies to be listed on stock market: EGX chairman
Four companies have already listed in the market during 2014, with more to follow
Armed forces constructing new cement production line
New line aims to double yearly production by end of 2015

Electricity ministry sets new energy feed-in tariffs
Ministry of Electricity announces prices for electricity generated from solar and wind energies in the framework of combating the energy deficit in the coming months

Euromoney Conference: Suez Cement factory to begin operating on coal next November: CEO
Italgen working on getting permits for second phase focusing on wind energy, CEO

Industrial sector, investments will rise when Egypt offers preferential treatment to local products: Trade minister
Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour told the Daily News Egypt in an interview for the Euromoney supplement that the law offering preferential treatment to local products will be referred to the presidency in September for approval. The minister, who also discussed the industrial lands and factory issues, stressed that …

2% growth in construction sector: Gleeds Construction Consultancy
Sector growth remains despite rise in prices of cement, concrete and steel
80% majority of Egypt’s natural gas production goes to power plants: Petroleum ministry report
Power plants currently receive 80% of Egypt’s natural gas production, equivalent to approximately 3.043bn cubic feet per day, currently the maximum supply rate, according to a report issued by the Ministry of Petroleum. Approximately 519.8m cubic feet of the remaining 20% of Egypt’s gas production is directed toward the industrial sector. The other 1.79bn cubic …

Power crisis threatens industrial sector
Daily reduction of 725m cubic feet of gas at factories; gas supply to EBIC, Alexandria Fertilizers, and Egyptian Fertilizers stopped
Qalaa Holding sees EGP 8bn capital increase
Company records 46% surge in gross profit year-on-year, report says

Sinai Cement begins preparations for coal usage
Company will link with local contractors and suppliers to equip factory for coal using capabilities

Cement production to be impacted by energy cuts and higher fuel prices
The government’s decision to cut natural gas subsidies to factories followed shortly after the reduction of petroleum subsidies on Saturday.

Gas prices increase to $8 per million BTUs for cement industry
An official source from a cement company who requested anonymity anticipated cement prices to increase in the coming days due to higher production costs.

Real estate facing price jumps on rising building materials costs: Arabia Group chairman
Real estate experts expect price jumps in properties, as government price rises for petroleum push up the cost of building materials

Arabian Cement begins preliminary coal usage to increase power output
Company figures show that in 2013, production output was at approximately 4 million tonnes, versus 4.3 million tonnes produced the year before.

EGAS to cut 380m cubic feet of gas per day from fertiliser and cement factories
Daily production decline of 150m cubic feet of gas in Egypt, shortage of 11m metres of gas and equivalent for fuel needed for electricity