Total Lubrifiants, the world’s fourth-largest international lubricants company, has announced the acquisition of Lubrilog SAS, according to a press release. This acquisition will help solidify Total Lubrifiants’ posit...
The Ministry of Petroleum and Mineral Resources exempted natural gas’ industrial consumers from EGP 5.3 billion in owed-debt, according to a press release. The decision is followed by several procedures to be applied ...
The Egyptian Natural Gas Holding Company (EGAS) has reduced gas imports to around 700mcf/d from 1bf/d in November, Daily News Egypt reports. The reduction is a response to declining domestic consumption that fell to t...
Major Egyptian cement producer Suez Cement announced last week that the Egyptian cement industry, benefiting from increased energy availability, increased production by 29 percent compared to last year and by 23 perce...
Due to requests made by factory owners, the Ministry of Petroleum decided to supply fuel oil and diesel to cement and fertilizer factories, as a means to compensate the temporary lack of gas, reported Egypt Oil &...
South Valley Cement Company (SVCE) is currently installing a coal mill that is scheduled to be finished by mid-2016, said General Manager Ahmed Ibrahim to Amwal al Ghad. The cost of the mill is about EGP 200m ($25.5m)...
The Egyptian Natural Gas Holding Company’s (EGAS) dues from the government-owned National Cement Factory has reached EGP 1bn. EGAS demanded its money to be paid back but it is still not decided when it will rece...
Suez Cement has invested approximately EGP 12bn since its operation in Egypt began, but has not maintained its gas supply for two months without facing cuts, according to Rafiq El-Daw, Managing Director of Suez Steel....
“90% of cement factories have agreed to use coal in their production, the Industrial Development Authority is facilitating the rehabilitation of factories in that regard and in quantifying the necessary amounts,” said...
Egypt studies granting around 12 new licenses for cement production within the coming three months, the Industrial Development Authority’s vice chairman announced Tuesday. IDA’s vice chairman Magdy Ghazy made his rema...