Live Breaking News & Updates on Mover Capacity|Page 15

Stay updated with breaking news from Mover capacity. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Egyptian government reportedly setting up caps on cement production


Egyptian government reportedly setting up caps on cement production
Written by Global Cement staff
12 May 2021
Egypt: The Egyptian government has reportedly proposed that cement companies cap production by at least 14%. Multiple sources quoted by Reuters reveal that a formula was discussed in April 2021 proposing that cement plants cut production by a base amount of 10.5%. An additional cut of 3.7% would then be made for each production line a plant has and another 0.65% for each year they have been in operation. However, it is unclear how the age of a plant or production line would be determined. The Ministry of Trade and Industry has not commented on the story. ....

Mover Capacity , Ministry Of Trade And Industry , ஓவர் திறன் , அமைச்சகம் ஆஃப் வர்த்தகம் மற்றும் தொழில் ,