{"id":609128,"date":"2023-10-31T00:00:00","date_gmt":"2023-10-31T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/31\/cement-producers-will-up-production-starting-tomorrow\/"},"modified":"2023-10-31T00:00:00","modified_gmt":"2023-10-31T00:00:00","slug":"cement-producers-will-up-production-starting-tomorrow","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/31\/cement-producers-will-up-production-starting-tomorrow\/","title":{"rendered":"Cement producers will up production starting tomorrow"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MANUFACTURING-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Cement producers get greenlight to boost production for November: <\/strong>Cement producers were given the greenlight to boost production by 10% during November by the Trade Ministry, head of the cement division of the Federation of Egyptian Industries Ahmed Shireen Korayem told <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2023\/10\/29\/1728437\" style=\"\" rel=\"noopener\">Al Borsa<\/a>. This came in response to a request from the division following a spike in demand that local production wasn\u2019t able to meet, which resulted in a big jump in prices. The Trade Ministry will allow for a 15% increase in production for December if high demand persists. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>The Egyptian Competition Authority (ECA)earlier this year <a target=\"_blank\" href=\"https:\/\/tinyurl.com\/j3ju4cvb\" style=\"\" rel=\"noopener\">extended<\/a> the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9d280cef-6284-40c5-853b-a30bfae11f73\" style=\"\" rel=\"noopener\">cement<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9d280cef-6284-40c5-853b-a30bfae11f73\" style=\"\" rel=\"noopener\">supply cut<\/a> until July 2024 at the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5e0916ca-e32c-4633-8bba-1db3526c71a3\" style=\"\" rel=\"noopener\">request of cement producers<\/a> who were struggling with low prices, dampened demand, and supply gut. The ECA had initially introduced a one-year 10% supply cut in 2021 after an overflowing supply of cement left many cement makers on the brink of collapse. The cut has been renewed annually since then in response to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/45b08953-91ff-4997-92ca-50361134c7f2\" style=\"\" rel=\"noopener\">requests<\/a> from cement factories.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cement producers will be allowed to increase production by 10% in November<\/p>\n","protected":false},"author":1,"featured_media":609129,"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":[7209],"tags":[111,1002,72,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-609128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-cement","tag-enterpriseam","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"08fe3660-f7c5-40dc-925c-397f0cf34f45","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/10\/1474.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Cement producers will up production starting tomorrow","related_issue":[609106],"teaser":"Cement producers will be allowed to increase production by 10% in November","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/10\/.65fb8391-9613-4443-94bc-3948359cb948.mp3"},"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>Cement producers will up production starting tomorrow - 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\/2023\/10\/31\/cement-producers-will-up-production-starting-tomorrow\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cement producers will up production starting tomorrow\" 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2021","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\/261.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566665,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/06\/cement-industry-is-finally-getting-a-lifeline\/","url_meta":{"origin":609128,"position":2},"title":"Cement industry is finally getting a lifeline","author":"enterpriseam admin","date":"6 July 2021","format":false,"excerpt":"Is the government finally stepping in to rescue the cement industry? Cement producers were given the greenlight to cut production by at least 10% by the Egyptian Competition Authority (ECA), according to documents seen by Reuters. The new quotas, which will take effect on 15 July and extend for one\u2026","rel":"","context":"In &quot;SPEED ROUND: BASIC MATERIALS&quot;","block_context":{"text":"SPEED ROUND: BASIC MATERIALS","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-basic-materials\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/336.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565872,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/10\/cement-producers-might-have-to-cut-production-to-finally-fix-the-supply-glut\/","url_meta":{"origin":609128,"position":3},"title":"Cement producers might have to cut production to finally fix the supply glut","author":"enterpriseam admin","date":"10 May 2021","format":false,"excerpt":"Cement producers could be asked to cut production by at least 10%, as part of a proposal put forward by the Egyptian government to reduce the supply glut that is crippling the industry, two unnamed industry executives and a senior source told Reuters. 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