Suez Cement records US$75.0m loss in 2019

Written by Global Cement staff 09 March 2020

Egypt: Germany-based HeidelbergCement subsidiary Suez Cement’s losses fell by 11% year-on-year to US$75.0m in 2019 from US$84.1m in 2018. Mubasher News has reported that sales also fell, by 13% to US$41m from US$0.47bn.

Suez Cement is seeking buyers for its 51% stake in Kuwait-based Hilal Cement.

Last modified on 11 March 2020

Published in Global Cement News

Tagged under

Egypt
Germany
HeidelbergCement
Suez Cement
Results
Loss
Sales
subsidiary
Sale
Kuwait
Hilal
GCW446

Related items

Financial boost for Cementerie Aldo Barbetti
Steppe Cement narrows losses in first half of 2025
Dangote Cement despatched 481,000t of clinker from Nigeria in first half of 2025
Brazil cement sales down in August 2025
Egypt moves to stabilise cement market amid price volatility

We Move Industries - Heko Group - Conveyor Solutions

Something Powerful is Taking Shape - Stay Tuned - #productlaunch at IFAT India - Fornnax

AirScrape - the new sealing standard for transfer points in conveying systems - ScrapeTec

UNITECR Cancun 2025 - JW Marriott Cancun - October 27 - 30, 2025, Cancun Mexico - Register Now

Acquisition Asia carbon capture Cemex China CO2 concrete coronavirus data decarbonisation Export Germany Government grinding plant Holcim Import India Investment LafargeHolcim market Pakistan Plant Product Production Results Sales Sustainability UK Upgrade US

«	September 2025					»
Mon	Tue	Wed	Thu	Fri	Sat	Sun
1	2	3	4	5	6	7
8	9	10	11	12	13	14
15	16	17	18	19	20	21
22	23	24	25	26	27	28
29	30