Egypt’s biggest cement maker to pay up to EGP200m for coal conversion per plant | Egypt’s biggest cement maker to pay up to EGP200m for coal conversion per plant -
suez-cement

Egypt’s biggest cement maker to pay up to EGP200m for coal conversion per plant

: Thursday, July 03 - 2014 @ 03:25

Egypt’s biggest-listed cement maker by market value, Suez Cement (SUCE) has said the investment required to convert each factory to use coal will be worth between EGP150m and EGP200m, Arab Finance has reported. The company said that the cost of using coal nearly equals the cost of using natural gas, which will help the company maintain its economic efficiency, and prevent negative impact from the expected increase in natural gas and heavy fuel prices in general.

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Thursday, July 3- 2014 @ 3:25 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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