ICEC

Egypt’s Arabian Cement expects 2015 sales to hit $294mn

The sales volume of Egypt’s Arabian Cement Company (ACC) in 2015 is expected to record 2.3 billion Egyptian pounds (US$293.7million), CEO Jose Maria Magrina said Wednesday.

In 2015, ACC aimed at keeping sales volume steady at the same volume that have been achieved in 2014 by boosting its promoting element to face the decreases in cement prices that have reached 10 percent within the last period, the CEO stated.

On other side, CEO Magrina clarified that Arabian Cement Company has recently finished all procedures ,started at the middle of 2014, to convert to using coal as pursuant to government’s permission to companies to use coal in producing cement.

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