Displaying items by tag: Egypt

Egypt: The government will issue two new cement plant licences before the end of 2025 to stabilise domestic prices and boost capacity to meet growing regional demand, according to Zawya news. The plan follows a recent meeting between cement producers and industry minister Kamel El-Wazir.

An unnamed official said “The two permits are expected to be released before the end of 2025, as each licence will include its own production line.”

The two plants will reportedly add 1.5-2Mt/yr to Egypt’s cement output. National demand is projected to rise to 52Mt by the end of 2025, up from 47Mt in 2024.

Egypt: Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir met with cement producers to discuss production trends, recent price declines, and ways to increase capacity and restart idle production lines, according to a ministry statement. The meeting forms part of the Ministry of Industry’s plan to enhance efficiency in the cement sector and ensure sufficient supply to the local market. Officials reviewed recent price movements, local production levels, and reasons for the shutdown of certain production lines, with a view to their reactivation, according to Zawya news. Cement manufacturers continue to submit monthly production reports to the General Authority for Industrial Development (IDA), including data on licensed capacities, actual output and exports. The review showed that several companies have the technical ability to exceed their currently licensed production limits.

In response, the IDA will study applications from these producers to expand permitted capacities, aiming to optimise resource use, increase supply and stabilise market prices. The meeting also addressed the causes of plant shutdowns, including spare part shortages and ongoing renovation of production units. Some companies are upgrading their systems to align with production and efficiency standards. El-Wazir reaffirmed the Ministry’s commitment to supporting plants in overcoming technical or administrative obstacles and restoring full operational capacity. The meeting further discussed expanding the use of alternative fuels derived from agricultural and household waste to reduce production costs and environmental impact. Cement companies reportedly expressed interest in this transition, viewing it as a way to enhance competitiveness and sustainability.

World: Market analysis agency S&P Global has collated the latest data on the global seaborne cement trade in the first half of 2025. Citing research by shipbroking house Howe Robinson Partners, it reported total volumes of 107Mt in the six-month period, up by 7% year-on-year from 100Mt in the first half of 2024. This is the largest global first-half volume recorded since 2021. Full-year seaborne cement trade volumes were 207Mt in 2024, up by 1.5% from 204Mt in 2023.

Vietnam and Türkiye remained the leading global cement exporters, with 16.1Mt and 12.5Mt, 15% and 12% of the total, respectively. Both countries slightly increased their export volumes. Next up in the rankings, Egyptian shipments rose by 14% to 10.9Mt, overtaking Iran, with 6.5Mt (down by 10%). Other rapid growth geographies included Indonesia, with 7.2Mt (up by 22%) and Pakistan, with 4.4Mt (up by 26%).

On the import side, despatches to the US fell by 1% to 11.4Mt, while Bangladeshi imports rose by 9% to 8.7Mt. West Africa was the largest regional market in terms of volumes. It imported 11.8Mt, up by 17%.

US: Peru-based UNACEM has appointed Rafael Villalona as the CEO of its operations in North America.

Previously, Villalona was the CEO of Cemex in the UAE from 2020. He worked for the cement producer in various roles from 2007 starting in the Dominican Republic. He became the Country Manager for Jamaica in 2011, Haiti in 2015 and the group’s Vice President Commercial & Logistics based in Egypt in 2019. He was also the chair of the Mexican Business Council in the UAE in 2024 and 2025. Villalona holds an undergraduate degree in civil engineering from the Ohio State University and a master’s degree in engineering from the University of Maryland.

Egypt: The government has announced a series of measures to stabilise the cement market following a period of price increases, according to Ahram Online. Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir announced steps to boost production, limit exports and introduce transparent pricing.

At the end of August 2025, El-Wazir met with major cement producers, regulators and chambers of commerce and called for further price reductions, alongside continuous production, and said that eight idle production lines would be restarted. Local cement production reached 25.39Mt between January and July 2025, up from 23.3Mt a year earlier. With demand expected to grow both domestically and abroad, the government has signalled that it may issue new licences for cement factories. Among the government’s new measures are requiring companies to print the anticipated retail price on cement bags at least one month in advance to protect customers from sudden price fluctuations.

Egypt: Sinai Cement recorded consolidated net profit attributable to the holding company of US$15.9m in the first half of 2025, up by 18% from US$13.5m in the same period of 2024. Sales rose to US$83.2m from US$55.5m in 2024. Standalone net profit after tax grew to US$15.9m, from US$13.6m in the first half of 2024.

Tanzania: Elsawy Ahmed has resigned as the manager of Twiga Cement’s Wazo Hill plant. He had been in post at the subsidiary of Heidelberg Materials since 2017. He is now working as a technical consultant.

Elsawy started his career as a Quality Control Supervisor for Assiut Cement in Egypt. He later worked for Cemex Egypt and became a plant manager for Cemex in Bangladesh in the early 2000s. He joined Italcementi in 2006 becoming Maintenance & Project Manager for subsidiary Suez Cement in the mid-2010s. Elsawy holds a degree in chemistry from Assiut University.

France: Vicat’s sales remained stable at €1.89bn on a like-for-like basis in the first half of 2025. This was attributed to negative currency exchange effects in Brazil, Egypt and Türkiye, and a slowdown in activity in the US. Earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 2% year-on-year to €331m from €353m in the same period in 2024. Cement and concrete sales volumes dropped by 2.5% to 13.7Mt and 3.9% to 4.4Mm³ respectively. Aggregates volumes rose by 5.8% to 11.3Mt. By region sales revenue and earnings fell in France yet rose in the rest of Europe and the Mediterranean. It fell elsewhere.

“The group continues to implement its market plan, with the start-up of Kiln 6 in Senegal, a major driver of the group’s organic growth, development in the construction chemicals business with the merger between VPI and Cermix, and the acquisition of Realmix, which strengthens the group’s vertical integration in Brazil,” said Guy Sidos, Vicat’s chair and CEO.

Egypt: The Egyptian government has frozen the implementation of an earlier decision to reduce cement production capacities following a two-month suspension that took place during May and June 2025. The move aims to increase local supply and curb prices, which have reportedly been rising since the start of 2025 due to a decline in demand.

Shaimaa Aboulmagd, commercial director at Misr Beni Suef Cement, said the decision is expected to bring prices down further and that many cement companies have already started to reduce prices.

Ahmed El-Zeiny, head of the building materials division at the Cairo Chamber of Commerce, said the market is now anticipating price stabilisation due to increased supply, noting that the sector had recently faced reduced availability from higher exports and the closure of nine cement production lines.

Egypt: South Valley Cement recorded net losses after tax of US$6.4m in the first quarter of 2025, up by 586% year-on-year from US$0.9m in the first quarter of 2024. The company’s sales rose to roughly US$13.3m in the first quarter of 2025, up from about US$6.6m in the same period of 2024.