News
16.08.2023 06:30Sinai Cement cuts consolidated loss by 22% YoY in H1
Sinai Cement Company (SCEM) posted a 22.12% year-on-year (YoY) drop in consolidated net loss attributable to the holding company for the first half (H1) of 2023, according to the consolidated financial income statement filed to the Egyptian Exchange (EGX) on August 15th.
Region: Egypt
Misr Cement – Qena (MCQE) has reported an 18.47% year-on-year (YoY) drop in consolidated profit attributable to controlling shareholders during the first half (H1) of 2023, recording EGP 43.747 million, compared to EGP 53.656 million, according to the financial statements filed to the Egyptian Exchange (EGX) on August 15th.
Region: Egypt
SCGC, one of the largest grey cement producers in Egypt and a subsidiary of the Heidelberg Materials, is celebrating its milestones in reducing its CO2 emissions and its environmental impact to be in line with Egypt’s 2030 Vision as well as the United Nations Sustainable Development Goals.
Region: Egypt
18.08.2022 12:28Suez Cement Group of Companies becomes Egypt and Africa's first cement producer to receive Environmental Product Declaration certification
Suez Cement Group of Companies - a subsidiary of HeidelbergCement has become the first grey cement company in Egypt and Africa to obtain an Environmental Product Declaration (EPD) certificate in accordance with international ISO standard. The Dcarbon documents confirm the enhanced properties of products in their environmental impact.
Region: Egypt
09.08.2021 12:36Vicat keen to invest in Egypt in times of prosperity and crises
These provide the strongest reasons that push the company to continue its work in the market, despite its exposure to multiple losses
Region: Egypt
28.05.2021 13:50The Egyptian government has proposed that cement makers cut production by more than 10 percent
Egyptian cement capacity has risen to an annual 85 million to 87 million tons in the last three years
Region: Egypt