Trade Resources Industry Views Suez Cement Has Delayed a US$248m Capacity Expansion

Suez Cement Has Delayed a US$248m Capacity Expansion

Egypt-based Suez Cement, the country s biggest publicly traded producer of cement, has delayed a US$248m capacity expansion. The Managing Director of the company, Bruno Carrea, said that the company has postponed additional production lines at its factory in Ein El Sokhna for a year or two. The company has attributed the delay to political unrest in the country. Source: uaecement

Source: http://www.uaecement.com/newsDetail.aspx?id=575
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Suez Cement delays new lines
Topics: Construction