{"id":546343,"date":"2022-05-12T03:52:18","date_gmt":"2022-05-12T03:52:18","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/12\/cimbria-is-building-a-silo-complex-in-port-said-for-imported-wheat\/"},"modified":"2022-05-12T03:52:18","modified_gmt":"2022-05-12T03:52:18","slug":"cimbria-is-building-a-silo-complex-in-port-said-for-imported-wheat","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/12\/cimbria-is-building-a-silo-complex-in-port-said-for-imported-wheat\/","title":{"rendered":"Cimbria is building a silo complex in Port Said for imported wheat"},"content":{"rendered":"<p><strong>Denmark\u2019s Cimbria is building a wheat silo complex in Port Said for the General <\/strong><strong>Company for Silos and Storage (GCSS)<\/strong>, the company announced in a <a href=\"https:\/\/www.cimbria.com\/en\/about\/case-histories\/Cimbria-builds-its-first-port-silo-complex-in-Egypt.html\">statement<\/a> in March. The facility will have capacity to hold 100k tons of wheat \u2014 enough to cover more than 15% of Egypt\u2019s current estimated storage shortfall. Construction began in February and is expected to be complete within two years. The complex will be co-funded by the OPEC Fund and the government.<\/p>\n<p><strong>Why is this needed? <\/strong>Our current storage capacity \u2014 with a total of 44 silos and other storage units, totaling a capacity of 5.4 mn tonnes \u2014 still leaves a gap of around 600k tonnes of the 6 mn tonnes the government <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c9382282-35a8-4bc8-8610-77361fd68e71\">plans to procure<\/a> domestically this season. The <a href=\"https:\/\/enterprise.press\/hardhats\/egypt-ramped-domestic-wheat-purchase-targets-season-feasible-will-storing\/\">system we currently have in place<\/a> for storing grain involves toning down wheat imports around the harvest season to make space for increasing domestic supply. The government then restarts the import cycle once it dips into the local wheat reserves. Having a complex for imported wheat could allow us to import wheat year-round.<\/p>\n<p><strong>Cimbria is big in Egypt: <\/strong>The company says it has provided Egypt with 95% of its <a href=\"https:\/\/enterprise.press\/stories\/2017\/06\/01\/usd-100-mn-silos-complex-inaugurated-in-luxor\/\">silo<\/a><a href=\"https:\/\/enterprise.press\/stories\/2017\/06\/01\/usd-100-mn-silos-complex-inaugurated-in-luxor\/\">complexes<\/a>. It <a href=\"https:\/\/www.cimbria.com\/en\/about\/case-histories\/egypt-storage-ch.html\">received its biggest order in its history<\/a> from Egypt last year when it was contracted to deliver 23 silos with a total capacity of almost 1.4 mn tons.<\/p>\n<p><strong>OTHER COMMODITIES NEWS- Egypt has turned away two Russian vessels <\/strong><strong>allegedly carrying stolen Ukrainian wheat<\/strong>, Ruslan Nechai, Ukraine\u2019s charg\u00e9 d\u2019affaires in Egypt, told the <a href=\"https:\/\/www.wsj.com\/livecoverage\/russia-ukraine-latest-news-2022-05-10\/card\/russia-flagged-ships-transport-stolen-grain-to-syria-ukraine-says-XldruHiMyqmJMUYskuRU\">Wall Street Journal<\/a>. The Ukrainian Ministry of Defense has accused Russia of hijacking cargoes of Ukrainian grain and shipping it to the Middle East.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Denmark\u2019s Cimbria is building a wheat silo complex in Port Said for the General Company for Silos and Storage (GCSS), the company announced in a statement in March. The facility will have capacity to hold 100k tons of wheat \u2014 enough to cover more than 15% of Egypt\u2019s current estimated storage shortfall. Construction began in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":546344,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7305],"tags":[1849,317,72,1850,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-546343","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commodities","tag-cimbria","tag-commodities","tag-enterpriseam","tag-general-company-for-silos-and-storage","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"bd4741db-d379-45a0-aaa3-41c4a00387d0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/5\/157.jpg","photo_position":"above","related_issue":[546329],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cimbria is building a silo complex in Port Said for imported wheat - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/12\/cimbria-is-building-a-silo-complex-in-port-said-for-imported-wheat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cimbria is building a silo complex in Port Said for imported wheat\" \/>\n<meta property=\"og:description\" content=\"Denmark\u2019s Cimbria is building a wheat silo complex in Port Said for the General Company for Silos and Storage (GCSS), the company announced in a statement in March. The facility will have capacity to hold 100k tons of wheat \u2014 enough to cover more than 15% of Egypt\u2019s current estimated storage shortfall. 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The government increased silo capacity to 3.6 mn tonnes by the end of 2019, up from 3.4 mn tonnes in 2018, the statement said.\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":623341,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/28\/egypt-steps-up-grain-storage-capacity-to-reach-3-mn-tonnes-next-year\/","url_meta":{"origin":546343,"position":1},"title":"Egypt steps up grain storage capacity to reach 3 mn tonnes next year","author":"enterpriseam admin","date":"28 October 2018","format":false,"excerpt":"Egypt\u2019s total grain storage capacity will reach 3 mn tonnes in 2019 after the addition of four new solios with a combined capacity of 250k tonnes, the Holding Company for Silos and Storage said, according to Al Shorouk. The Supply Ministry had said earlier this year that Egypt\u2019s wheat storage\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548810,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/23\/were-getting-more-wheat-storage-three-new-commercial-zones\/","url_meta":{"origin":546343,"position":2},"title":"We\u2019re getting more wheat storage + three new commercial zones","author":"enterpriseam admin","date":"23 August 2022","format":false,"excerpt":"We\u2019re adding 500k tons to our silo capacity: The Supply Ministry is building wheat silos in Toshka with the capacity to hold 500k tons of grain, Supply Minister Ali El Moselhy told reporters yesterday, according to Al Borsa.The first phase of the project will add 300k tons of capacity at\u2026","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/357.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":653670,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/21\/polands-feerum-allegedly-pulls-out-of-grain-silo-factory\/","url_meta":{"origin":546343,"position":3},"title":"Poland\u2019s Feerum allegedly pulls out of grain silo factory","author":"enterpriseam admin","date":"21 October 2024","format":false,"excerpt":"It looks like Port Said\u2019s EGP 1.6 bn grain silo factory has lost its foreign partner: The Egyptian arm of Polish grain silo company Feerum has reportedly pulled out of an agreement to set up a factory to manufacture grain silos with with Egyptian construction and engineering firm Samcrete and\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1701.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":634642,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/supply-ministry-planning-to-raise-egypts-wheat-storage-capacity-3-9-mn-tonnes-by-2022\/","url_meta":{"origin":546343,"position":4},"title":"Supply Ministry planning to raise Egypt\u2019s wheat storage capacity 3.9 mn tonnes by 2022","author":"enterpriseam admin","date":"21 January 2018","format":false,"excerpt":"The Supply Ministry is planning to raise Egypt\u2019s wheat storage capacity 3.9 mn tonnes by 2022, ministry officials said at the state of the nation conference which took place over the weekend, Al Mal reports. Supply Minister Ali El Moselhy had said late last year that the ministry is looking\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":617822,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/28\/foreign-investors-ink-usd-353-mn-worth-of-industrial-projects\/","url_meta":{"origin":546343,"position":5},"title":"Foreign investors ink USD 353 mn worth of industrial projects","author":"enterpriseam admin","date":"28 March 2024","format":false,"excerpt":"Egypt signed three separate industrial investment agreements with companies from China, Poland, and France","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2535.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=546343"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546343\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/546329"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/546344"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=546343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=546343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=546343"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=546343"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=546343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}