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Cement prices are finally rising in Egypt — but producers continue to face challenges: As nations ramp up investments in infrastructure projects that were hit at the height of the pandemic, prices of construction materials have been on the rise, with cement being no exception. In the UK, cement prices have risen as much as […]
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According to the Egyptian Cement Industry Division, small and medium-sized housing projects are the main forces of demand for cement in Egypt. The contribution of these projects ranges from 70 to 90% of the total demand for cement in Egypt, compared to the 10–25% for national projects and first-class housing projects.
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CAIRO – 8 November 2020: In a webinar, cement producers presented their views on dealing with oversupply in the Egyptian market as production is double the market need. Possible Solutions . CEO of La Farge Egypt Solomon Baumgartner-Aviles said the industry is still afloat in Egypt because the government has maintained constructions.
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The good news is that the cement industry is poised to sustain its gross margin expansion especially in Europe, primarily driven by higher cement prices and significantly reduced fuel costs, despite anticipated weak ... Vietnam, Algeria, Egypt, Tunisia, and Turkey is poised to significantly escalate. • To cement their presence in Europe and ...
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The international cement industry, while constituting a limited share of the world's output has been rising at an increasing pace compared to the local demand in recent years. ... Egypt increased cement production from 4 million tonnes in 1975 to 46 million tonnes in 2009 and now accounts for about 1.5 percent of global cement supply. …
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The Ministry of Trade and Industry has declined to comment on the story. Graph 1: Cement production and capacity utilisation in Egypt. Source: Cement Division of the Building Materials Chamber of the Federation of Egyptian Industries. Graph 1 above shows the key problem facing the sector: cement production has fallen each year since …
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of Building Materials Industries / Cement Industry Division (CBMI), in collaboration with the Egypt Ministry of Trade and Industry (MTI) and the Cement Sustainability Initiative (CSI) of the World Business Council for Sustainable Development (WBCSD), joined together to develop the "Low-Carbon Roadmap for the Egyptian Cement Industry".
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Egypt: A report from the Export Council for Building Materials, Refractory and Metallurgy Industries (ECBM) has revealed that Egyptian cement exports rose by 151% year-on-year in 2021. The value of cement exports was US$456m in 2021 compared to US$182m in 2020, according to the Al Mal News newspaper. Local producers have …
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Arabian Cement Company. Mr. Gabry is a graduate of the Faculty of Commerce - Ain Shams University - Cairo Egypt, year 1991, with 24 years of Commercial Experience, 11 of which are in the Cement Industry as a Senior Commercial Director. The Cement journey started with Lafarge Sudan, moving to ASEC Algeria, GFH Bahrain, Khalij Holding …
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