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Egypt: Alexandria Portland Cement has reduced its margin of loss by 40% year-on-year to US$15.2m in 2019 from US$25.3m in 2018.

Greece-based Titan Cement is the 89% owner of Alexandria Portland Cement via its subsidiary Alexandria Development Ltd.

Tajikistan: Builders completed the construction of 1.36Mm2 of multi-storey housing in Tajikistan in 2019, up by 24% from 1.10Mm2 in 2018. Tajikistan Newsline has reported that all residential construction concrete comes from domestically produced cement. Tajikistan produced 4.2Mt of cement in 2019 - up by 11% from 1.8Mt in 2018 - exporting 1.5Mt. It imported 20,000t, primarily of white cement.

Kenya: East African Portland Cement Company (EAPCC) has recorded losses of US$16.2m in 2019, up by 0.6% from US$16.1m in 2018, in spite of sales growth over the period of 8.0% year-on-year to US$14.7 from US$13.6m. Reuters has reported that the company will not be paying its shareholders.

Germany: Siemens subsidiary Flender, which supplies couplings and gearboxes to the cement industry, has signed a partnership agreement for technological solutions with digital drive specialist Currax. The partnership aims to bring a comprehensive increase in efficiency to Flender’s business and a high level of flexibility for customers. Currax executive director Daniel Aßman said, “From customer acquisition to sales, from implementation to support, Currax is the contact for all matters relating to the Flender portfolio.”

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