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East Africa companies concerned about imports 20 August 2009 on a global scale. With low ocean freight costs, Africa is a favorite dumping site for foreign manufacturers. By comparison Egypt and China power costs only $3 per kilowatt per hour while the cost in Kenya is $13 per kilowatt per hour. The cost in... Type: Article Category: Shipping & logistics Holcim profits fall in first half of year 20 August 2009 the next year.ÔÇØ The Chief Executive Officer, Markus Akermann, reconfirmed that Holcim is planning to sell its stake in Egyptian Cement Company S.A.E. Holcim currently has a 44% share of the company. While the company is divesting in Egypt, the group... Type: Article Category: Financial Analyst: Cimpor 1H net to climb 4% 19 August 2009 Profits at Cimpor are seen rising 4% to 111 million euros for the first half of this year on strong Brazilian, Egyptian and South African cement sales. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to... Type: Article Category: Financial Lafarge Egypt says loan is for LBMH 17 August 2009 Lafarge Cement Egypt said that a $360 million it was reported to have arranged, is rather for Lafarge Building Materials Holding Egypt. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid... Type: Article Category: Financial Cemex Croatia exports to Egypt 17 August 2009 Cemex Croatia - Dalmacijacement - is exporting 100,000 tons of clinker to Egypt. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}] Dalmacijacement has already started... Type: Article Category: Volume & Pricing HSBC predicts week Q2 results for Titan 17 August 2009 ÔÇ£We expect Q1 trends to have persisted in Q2: poor demand for building materials across the groupÔÇÖs operations, with Egypt being a notable exception (where the operating environment remains benign on booming consumption and strong pricing). That... Type: Article Category: Financial Lafarge Egypt records LE 1bn profit 16 August 2009 Lafarge Cement in Egypt announced net profits of more than LE 1 billion for the first half of the year. (CW Group) The company posted a net profit of LE 1,094,627,873 for the period from January through the end of June this year. The company posted net... Type: Article Category: Financial Ameriyah profits jump 15 August 2009 Egypt's Ameriyah Cement posted a strong growth in profits for the first half of the year. (CW Group) Ameriyah recorde a net profit of L.E 303,271,064 for the first six month of 2009, compared to a net profit of L.E 193,792,248 for the same period in... Type: Article Category: Financial Lafarge Egypt gets stock split approval 15 August 2009 Egyptian regulators have approved a stock split in Lafarge Egypt shares. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}] Egyptian Financial Supervisory Authority (FSA)... Type: Article Category: Financial Torah Cement profits rise 12 August 2009 Italcementi-controlled Torah Cement in Egypt reported that profits rose 9% in the first half of the year. (CW Group) The company announced an 8.6% improvement in net profit to 178.3 million Egyptian pounds in the first six months of 2009, the Egyptian... Type: Article Category: Financial Egypt to build new plants 11 August 2009 Egypt to allocating LE 5.9 billion in the Fiscal Year of 2009-2010 to build new new plants and production lines. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]... Type: Article Category: Plant Expansions Imports continue strong in Egypt 11 August 2009 Imports in Egypt are expected to total 500,000 tons in August alone. (CW Group) From January to Aug 5th of this year, the total volume of cement imported into Egypt was 512,000 tons, reports Reuters. The Trade Ministry predicts that the import total... Type: Article Category: Volume & Pricing Lafarge Egypt upsizes loan 09 August 2009 Lafarge Egypt is close to finalizing a three year $280 million loan facility, which has been raised to $360 million. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]... Type: Article Category: Financial North Africa construction boom 08 August 2009 Large scale projects are underway in Tunisia, Algeria, Libya, and Egypt to drive cement consumption. (CW Group) The North Africa construction market is strong, reports Meed. Unlike the gulf region where many real estate projects have been placed on... Type: Article Category: Markets & Competition Thermax wins Egypt order 06 August 2009 Thermax announced that it won a project to install a pollusion control system for an Egyptian cement company. (CW Group) The company will design, manufacture, supply and install a major air pollution abatement system at an existing cement factory. The... Type: Article Category: Equipment Vicat results fall, but cement relatively strong 05 August 2009 were mixed by geographic region and by quarter. In the United States, activity was affected by the economic crisis while in Egypt it remained particularly buoyant. The first quarter was marked by very unfavorable weather conditions due to the GroupÔÇÖs... Type: Article Category: Financial Lucky looking to go to Africa, acquisitions 05 August 2009 with sales to Afghanistan, India, Sri Lanka, Africa, and the Middle East. Tabba said, ÔÇ£sales to India, Sri Lanka, and Egypt will continue to grow, as demand from the Middle East slows. Africa is a good focal point since the Middle East, which has been... Type: Article Category: Plant Expansions Egypt imports cement in June, extends licenses 05 August 2009 Egypt imported cement worth more than LE 10 million during the second half of June. The country will extend import licenses. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid... Type: Article Category: Volume & Pricing Egypt: prices down 5.4%, but demand up 04 August 2009 The price of imported cement in Egypt fell by 5.4%, but analysts revised the demand forcast up for 2009. (CW Group) The price of imported cement fell from LE 560 per ton last week to LE 530, reported Al-Mal. Separately, CI Capital adjusted its 2009... Type: Article Category: Volume & Pricing ItalcementiÔÇÖs first half results impacted by downturn 04 August 2009 The margins have improved in Italy, France, Morocco, China and India, and balance the pressure on margins in North America, Egypt, Turkey, and Thailand." Credit Suisse has mixed views for the outlook for 2010 but does expect profits to continue to grow... 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