Egypt's biggest cement producer by market value is Suez Cement. The company has posted a second-quarter net profit of US$7.8 million, down from the same period a year earlier.
The company announced that revenue dropped 15%. Revenue was damaged by lower prices and exports.
Suez Cement has declared that it is diversifying its energy sources to mitigate the impact of shortages.
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The six-year agreement will see FLSmidth providing hot kiln alignment services to Dangote kilns in Ethiopia, Tanzania, Zambia, Congo, South Africa, and Nigeria.
