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CAIRO: The Egyptian government has proposed that cement makers cut production by a baseline of 10 percent to shore up finances ravaged by an expanding market glut, two cement executives and a senior industry source said. Egyptian cement capacity has risen to an annual 85 million to 87 million tons in the last three years following the inauguration of the 13 million ton-per-annum Beni Seuf plant owned by the military, even as sales fell to less than half that level, according to the executives. The cement sector, where several international firms established a footing, is seen as an indicator of Egypt’s openness to outside investment.

Al qahirahBeni suefBani suwayfAhmed abu hashimaBeni seufEgyptian cement coTitan cementடைட்டன் சிமென்ட்