Building-Materials News
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Egyptian cement firms eye Zimbabwe market
This move comes at a great time, amid acute shortages of the product in the market.
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Egyptian building materials exports jumped by 20% in 2023
Within the metal industries sector, there was a growth of 20 percent, with the export value reaching $3.777 billion, surpassing the $3.135 billion.
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EBRD and A³&Co.® join forces to drive decarbonisation at Arabian Cement Company in Egypt
The Arabian Cement Company has been a leading player in Egypt's cement industry since 1997, with two production lines in Sokhna, Suez Governorate.
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S. Korea to Impose Anti-Dumping Duties on White Cement from Egypt
South Korea has decided to implement anti-dumping duties against white cement imports from Egypt aimed at preventing potential damage to the domestic industry.
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Top 10 Egyptian cement companies
The cement industry is a significant contributor to Egypt's economy and plays a crucial role in supporting the country's development goals.
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Suez Cement group of companies rebrands to Heidelberg Materials
The new brand identity underlines the company's pioneering role in the path to carbon neutrality and digitalisation in the building materials industry
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Lafarge Egypt confirms aim to reduce CO2 emissions by 2030
Holcim has set a worldwide target to reduce its gross Scope 1 CO2 emissions from cement production of 22% by 2030.
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The cement industry of Egypt
Egypt's cement industry has witnessed transformative growth over the years, buoyed by major investments, dynamic market players, and strategic goals.
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Saint-Gobain gains Drymix
The Egyptian ready-mix mortar manufacturer is now part of French-founded construction products company Saint-Gobain.
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Egypt's cement exports climb 33% YoY in 5 months
Egypt's cement exports grew by 33% during the first five months of 2023, recording $380 million, compared to $286 million during the same period 2022
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Lift Slab’ losses widen 48% YoY in Q1: Egypt
Lift Slab is an Egypt-based company engaged in the construction and development of industrial buildings and facilities.
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Suez Cement invests millions of dollars in environmental sustainability efforts
SCGC is rigorously driving forward the transformation to become one of Egypt’ most sustainable companies in the sector.
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Suez Cement invests millions of dollars in environmental sustainability efforts
"it is our responsibility to provide this essential commodity with the least harm to our environment," SCGC managing director said.
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South Valley Cement’s losses surge in Q1-23
Meanwhile, the loss per share went up to EGP 0.07 in Q1-23 from EGP 0.06 in the first three months (3M) of 2022.
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Arabian Cement registers hike in Q1-23 net profits
Non-consolidated sales jumped to $54mln in Q1-23
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Sinai Cement posts lower net losses in Q1-23
The EGX-listed firm posted an annual drop in standalone net losses after tax
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Exports of Egypt’s building materials sector up 7.1% YoY in 2022
Exports of the building materials industry amounted to nearly $6.9billion last year.
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Acrow Misr’s consolidated profits exceed $3.65mln in 2022
Basic and diluted earnings per share (EPS) reached EGP 1.75 last year, lower than EGP 1.84 in 2021, according to the income statements.
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Egypt aluminum generates higher profits at $126mln in 9M-22/23
Egypt Aluminum recorded net profits after tax amounting to EGP 3.91 billion during the first nine months (9M) of fiscal year (FY) 2022/2023.
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Egypt to build $2.7bln aluminium smelter
The Egyptian Company for Metal Constructions (Metalco) is negotiating with a potential partner for the 600,000-tonne project.