Latest in Tag: production Highlight
Latest in Tag: production

Pfizer invests EGP 100m to add production line, warehouse this year: Chairman
EGP 1.1bn expected company sales for 2015, six innovative products to be offered over two years

Lifting sanctions on Iran puts pressure on Arab oil producing states
2m barrels of crude oil daily surplus between world production and consumption

Cement price stable for 9th month, steel price stable for 8th month
Production of cement increased during August 2015 by approximately 87,922 tonnes compared to July

Sinai Cement registers EGP 28.7m net losses in H1 of 2015
In 2014, the company registered EGP 93.5m in net profits

BAPETCO’s discovery increases daily oil production to 50,600 barrels
Well’s original oil records about 15m barrels, adds approximately 5m barrels to oil reserves

AAIB offers EGP 142m loan to Shorouk for Modern Printing
Shorouk to use fund as alternative for International Finance Corporation loan to complete United Carton Industries Company’s establishment

Imported wheat ratio increased to 25% in milling operations
Imports of large quantities of Sudanese cattle are being negotiated, according to supply minister
Steel prices decline in July
Production in July marked 130,825 tonnes

Tetra Pak still pursuing recycling project, looks at other partners
Recycling project initially announced in 2013, but no progress yet made; company aims to start by end of next year

Egypt’s average wheat self-sufficiency reaches 54.9% over 10 years
Egypt’s wheat production reached 9.5m tonnes in 2012/2013, imports record 6.8m tonnes, consumption at 16.7m tonnes, says study

1.1m butane gas cylinders available daily in Ramadan: Petroleum ministry
Butane gas consumption sees only slight rise of 3%-4% in Ramadan, says former EGPC Vice Chairman

ECHEM to use rice straw in ethanol production
Rice straw will be used to produce ethanol, which will be used to produce electricity

Shell, Apache to start first shale gas production next February: EGPC Chairman
Second well in Apollonia field to be linked to national gas network in 2H of 2016

Military factories announce development plans
Military to develop own vehicle production companies, statement says

BP signs project developing 5tn cubic feet of gas resources
West Nile Delta project underlines BP’s commitment to Egyptian market, company said

Over 3,000 cars sold during 2014: Chrysler Egypt Chief Executive
Assembling Grand Cherokee is a brave decision achieving balance, seek to change the customer’s perspective on Fiat and Alfa

Gold prices remain low: FEDCOC Gold Division Head
Official says gold prices were not notably affected by oil pricing crisis

Economic restriction on Russia will not affect Egypt’s wheat imports: Gomaa
By Mohamed Abdel Monsef Egypt’s wheat imports were not affected by the US and EU economic restriction on Russia’s grain exports, according to Abdel-Salam Gomaa, President of the Agricultural Professions Syndicate. In statements to Daily News Egypt, he said the global production of wheat this year amounts to 775m tonnes. He added that the amount …

Total Egypt initiate feasibility studies for new investment
Construction of new facility is expected to start within two years

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
Armed forces constructing new cement production line
New line aims to double yearly production by end of 2015

$400m British Gas investment to develop Rashid and Burollus gas fields: Ministry of Petroleum
Natural gas production increasing from 400m to 450m cubic feet per day says Rashid Petroleum
Industry, food and metal production rose during 2012: CAPMAS
Risen value of several commodities influenced production value, government statistics agency indicates

Ganoub El-Wadi proposes international tender for oil and gas exploration
Recent fuel price rise may provide incentive for investments in exploration in Egypt
BP invests $10bn in Egypt
British oil company’s north Alexandria project will start production in 2017

EGAS, Sonatrach negotiating over 5 LNG shipments for electricity production
Delegation from Algerian firm set to arrive in mid-July to conclude proceedings

Food prices expected to rise 20% following fuel subsidy cut: Experts
Food products will rise by approximately 20% on higher costs of fuel used for transportation and production, says professor of agricultural economy

EGAS halts pumping of gas to several fertiliser companies, methanol factory
MOPCO, AlexFert, and EBIC were among the affected firms, while Methanex’s Damietta plant has not received gas in over two weeks

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.

Use of coal would require EGP 140m investment: South Valley Cement
Cement company says it is aiming to increase investments in order to double its production capacity