Suez Cement, Egypt’s largest listed cement maker by market value, plans to complete its preparations for coal usage at its plants by late 2016, chairman Omar Mehanna said Wednesday.
The conversion process is with total cost of US$110 million.
Mehanna further told Amwal Al Ghad that Suez Cement had completed conversion for coal usage at two plants out of five during 2015.
Suez Cement Group of Companies, a subsidiary of Italy-based Italcementi, is composed of five production facilities, are located in Kattameya, Suez, Helwan, Tourah, and El Minya.
The company aims to use coal an alternative source of energy for the production of cement in its plants in order to produce 11 million tonnes per year, he added.