Cement News tagged under: El Sewedy Cement
El Sewedy Cement sells Sinai Cement stake21 May 2019, Published under Cement NewsEgypt-based El Sewedy Cement has sold its entire stake of 7.476 per cent in Sinai Cement’s capital for EGP41.97m (US$2.46m), or at an average price of EGP8.25/share, EFG Hermes said in a statement to the Egyptian Exchange on Monday. In the first quarter of 2019, Sinai Cement’s net losses eased to EGP-78.18m from EGP-83.98m in the year-ago period. Revenues increased to EGP201.08m, up from EGP147.99m in the 1Q18. |
Egypt: FLSmidth wins El Sewedy Cement contract08 March 2017, Published under Cement NewsFLSmidth has been awarded an order from El Sewedy Cement Company for the engineering, procurement and supply of equipment for the expansion of a cement production line. The plant will be built at Ain Soukhna in Suez Governorate, Egypt. Scope of supply: a complete state-of-the-art cement production line with the latest environmental pollution control systems and technology for the highest levels of energy efficiency and maintainability OK TM 39-4 vertical mill for raw grinding E... |
Egyptian government announces award of three new plant licences01 December 2016, Published under Cement NewsThe Egyptian Industrial Development Authority has today announced that three firms have been successful in their bids to build new cement plants, local media reports. The licences, which will permit the construction of new integrated works with between 1.5 and 2.0Mta capacity, were awarded to El Sewedy Cement, South Valley Cement and a third firm, identified in the article as Egyptian Cement. El Sewedy, which currently has around 2.3Mta of cement capacity, will be permitted to build a ... |
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