Egypt's largest listed cement maker by market value, Suez Cement, has announced that it made a net loss of 50 million Egyptian pounds (US$6.23 million) in the third quarter compared with a net profit of 52 million pounds in 2014.
The company’s revenue dropped to 1.177 billion pounds in the three months ending September 30 from 1.442 billion.
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In this World Cement Spotlight interview, David Bizley, Editor of World Cement, speaks to Daniel Hansted-Martin, Regional Manager Europe & Americas, of HASLE Refractories A/S.
Pending final government approval, Suez Cement is reportedly planning a EGP300 million conversion project to switch two of its plants to burn coal instead of natural gas.
An interactive, online cement conference focusing on the latest innovations in cement production with a range of industry leaders and technical experts as they discuss the key challenges facing the cement industry.
