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Violations of environmental standards will be met with taxes and tight penalties, government says
Reuters – Suez Cement, Egypt’s biggest listed cement maker by market value, will pay a cash dividend of EGP 2.65 ($0.38) per share, it said in a statement published on the bourse on Tuesday. The company, which lists Italcementi Group as its main shareholder, said it would make the payment in two phases. One pound …
Ministry of Environmental Affairs will study the “mixture of energy sources’ used in Europe in cement production.
The new facility is expected to reduce CO2 emissions by 39,600 tons per year, Suez Cement asserts
Titan Cement Company vice president says reduction of gas caused 50% decrease in cement production
Titan Cement Company suggests coal as alternative energy source
Several construction companies register profit despite Egypt’s ailing economy
The new factory offers 1,200 job opportunities, with investments amounting to $360m and a production capacity up to 2 million tons annually
Such a programme would require that factory furnaces be converted in order to accommodate the waste, a process which would prove costly to companies.
Gunmen fire RPG that misses an armoured vehicle and hits bus
Managing Director of Suez Cement Group, Bruno Carre spoke to Daily News Egypt about the company’s current projects and products
Rising cost of materials and devaluing currency important factors affecting the industry
The aim of the committee is to study how coal can be used as an energy supplement to meet the needs of the industrial plants such as producers of electricity and cement
Ministry held meeting with factory heads on Sunday to announce decision
Cement manufacturer to deliver tailored activities for university students
River navigation project expected to create 3,500 job, EGP 2.4bn funding from Egyptian and German governments
A government source revealed last week that the IMF is displeased with Egypt’s implementation of its economic and social reform programme, raising concerns of further negotiations over the loan
The government will raise natural gas, fuel oil, and diesel prices
Importers call on the Ministry of Industry to cancel newly imposed anti-dumping duties
Price per tonne fell to less than EGP 460 during August, and remained between the range of EGP 450 to EGP 500
By Islam Serour Falling cement prices are attributable to decreased demand and the destruction of smuggling tunnels between Gaza and Rafah, Ahmed Al-Zeiny, the head of the Construction Materials Department at the Cairo Chamber of Commerce, told the Daily News Egypt. These two reasons, according to Al-Zeiny, have contributed greatly to the drop in cement …
By Islam Zayed An official in the Ministry of Finance revealed that the government was resuming its cement licensing programme in order to attract investment, especially foreign investment, noting that it is an efficient way to support the use of state resources in light of the current circumstances. The source noted that the “economic group” …
Some of the world’s largest cement makers report first-quarter earnings on Thursday with investors concerned that energy and materials inflation will spoil the industry’s recovery.