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Algeria plans to buy minority stake in Egypt's ASEC Cement

with Egypt's ASEC Cement to acquire a minority stake in its Algeria-based operations, the firm's main ... is negotiating with Egypt's ASEC Cement to acquire a minority stake in its Algeria-based operations, ... of ASEC Cement Algeria by increasing the company's paid up capital, which currently sits at $60 ...

19/09/2012 - 14:20 - comment 0

Helwan cement changes name to ASEC-Helwan

its name to ASEC-Helwan cement, following a merger deal between the two companies, reported Al-Alam ... (HPCC) will change its name to ASEC-Helwan cement, following a merger deal between the two companies, ... cement division would merge with HPCC. ASEC held 3.5 percent of HPCC's shares before the deal. — ...

15/08/2010 - 14:10 - comment 0

ASEC to purchase government stakes in Helwan Cement

Engineering Cement Company (ASEC) and was accepted by a majority vote. The Minister of The Public Business Sector Mukhtar Khattab, revealed that ASEC’s will buy 12 million shares in Helwan Cement, equivalent ... in the Helwan Cement Company. The Egyptian privatization ministerial committee, ...

15/08/2010 - 15:44 - comment 0

ASEC buys out Helwan Cement, 1H net profit declines 8.7 percent

Company (ASEC) has bought out all the shares in Helwan Portland Cement Co. (HPCC) that it did not already ... privatization process of HPCC. ASEC announced that following the acquisition, its cement dividion will merge ... The Cairo-based ASEC has bought out all the shares ...

15/08/2010 - 15:45 - comment 0

Abu Dhabi Islamic Bank finances new cement manufacturing factory in Sudan

on a club basis together with Bank Audi sal – Audi Saradar Group of Lebanon. Al Takamul is the cement manufacturing arm of ASEC Cement Holding – Egypt, a growing cement production group in the Middle East ... of a cement manufacturing unit in Sudan.   The six month facility will be taken out by a US$ 130 ...

14/08/2010 - 19:45 - comment 0

Sinai White Cement to export from Al-Areish Port

Egypt’s Sinai White Cement Company will commence shipping white cement from Al-Areish Port. The company currently has an annual production capacity of 410,000 tons and anticipates that exports will re Egypt’s Sinai White Cement ...

15/08/2010 - 14:15 - comment 1

Abu Dhabi Islamic Bank finances new cement manufacturing factory in Sudan

Group of Lebanon. Al Takamul is the cement manufacturing arm of ASEC Cement Holding – Egypt, a growing cement production group in the Middle East and Africa created by Citadel Capital and a group of leading ... close of a bridge facility for the construction of a cement manufacturing unit in Sudan. The six ...

17/05/2010 - 19:27 - comment 0

Algeria cement imports show signs of decrease

the most important states which exported cement to Algeria were Tunisia, France, Germany and Spain. ... show that during the first six months of 2005, the country imported 252,000 tons of cement from 11 ... the country imported 252,000 tons of cement from 11 states and from the European Union. The value ...

18/05/2010 - 13:17 - comment 0

Algeria continues to privatize cement sector

cement sector, which aims at decreasing cement imports. Last year, Algeria spent some more than $1 ... The Algerian cement industry investments promotion ... Limited" regarding the purchase of 35% of the issued capital The Algerian cement ...

15/08/2010 - 10:53 - comment 0

EIB finances Orascom Construction’s cement works in Algeria

constitutes the first private-sector operation in the cement industry in Algeria; it ties in with the goals ... cement works near M’Sila, 240 kilometers south-west of the Algerian capital.    The project, ... equity funding and long-term resources, a financing package difficult to contract in Algeria at present. ...

15/08/2010 - 14:00 - comment 0