{"id":643134,"date":"2017-08-30T03:38:07","date_gmt":"2017-08-30T03:38:07","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/30\/south-valley-cement-spent-egp-160-3-mn-on-second-production-line-license\/"},"modified":"2017-08-30T03:38:07","modified_gmt":"2017-08-30T03:38:07","slug":"south-valley-cement-spent-egp-160-3-mn-on-second-production-line-license","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/30\/south-valley-cement-spent-egp-160-3-mn-on-second-production-line-license\/","title":{"rendered":"South Valley Cement spent EGP 160.3 mn on second production line license"},"content":{"rendered":"

South Valley Cement spent EGP 160.3 mn to obtain a manufacturing license for its second production line, which it was awarded in an auction last year, the company said in an EGX filing<\/a>. The company also completed two cement millsand plans to begin trial operations before year-end. We had noted earlier this week<\/a> that Saudi Arabian investors Abdulrahman Sharbatly and Fahd El Shobokshy were planning to invest USD 150 mn in the production line.<\/p>\n","protected":false},"excerpt":{"rendered":"

South Valley Cement spent EGP 160.3 mn to obtain a manufacturing license for its second production line, which it was awarded in an auction last year, the company said in an EGX filing. The company also completed two cement millsand plans to begin trial operations before year-end. We had noted earlier this week that Saudi […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[9309],"tags":[2416,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-643134","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"ca4664b1-38dc-4249-a793-7a703dd54b5e","order":"0","is_powered_by":true,"section_story_id":"32471648-4ba8-46f0-b832-da690521039d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[643103],"teaser":"","voice_url":""},"yoast_head":"\nSouth Valley Cement spent EGP 160.3 mn on second production line license - 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\/2017\/08\/30\/south-valley-cement-spent-egp-160-3-mn-on-second-production-line-license\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Valley Cement spent EGP 160.3 mn on second production line license\" \/>\n<meta property=\"og:description\" content=\"South Valley Cement spent EGP 160.3 mn to obtain a manufacturing license for its second production line, which it was awarded in an auction last year, the company said in an EGX filing. The company also completed two cement millsand plans to begin trial operations before year-end. We had noted earlier this week that Saudi […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/30\/south-valley-cement-spent-egp-160-3-mn-on-second-production-line-license\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-30T03:38:07+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/30\/south-valley-cement-spent-egp-160-3-mn-on-second-production-line-license\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/30\/south-valley-cement-spent-egp-160-3-mn-on-second-production-line-license\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"South Valley Cement spent EGP 160.3 mn on second production line license\",\"datePublished\":\"2017-08-30T03:38:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/30\/south-valley-cement-spent-egp-160-3-mn-on-second-production-line-license\/\"},\"wordCount\":83,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/30\/south-valley-cement-spent-egp-160-3-mn-on-second-production-line-license\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/30\/south-valley-cement-spent-egp-160-3-mn-on-second-production-line-license\/\",\"name\":\"South Valley Cement spent EGP 160.3 mn on second production line license - 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Egyptian Cement, South Valley Cement, and El Sewedy Cement have been awarded cement production licenses in March 2016. The government believes the incentives could help the companies\u2026","rel":"","context":"In "Basic Materials + Commodities"","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":650566,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/egyptian-steel-to-build-egp-6-bn-cement-manufacturing-plant\/","url_meta":{"origin":643134,"position":1},"title":"Egyptian Steel to build EGP 6 bn cement manufacturing plant","author":"enterpriseam admin","date":"27 March 2017","format":false,"excerpt":"Egyptian Steel broke ground on a EGP 6 bn cement manufacturing plant in Sohag, Al Mal reports. The project is part of a building materials complex that is being established by China\u2019s Sinoma-CDI. The plant, which is scheduled for completion in 2018, is projected to have an annual production capacity\u2026","rel":"","context":"In "Basic Materials + Commodities"","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":653153,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/30\/six-companies-apply-for-new-cement-licenses\/","url_meta":{"origin":643134,"position":2},"title":"Six companies apply for new cement licenses","author":"enterpriseam admin","date":"30 January 2017","format":false,"excerpt":"Six companies have reportedly filed papers to acquire cement production licenses from the Industrial Development Authority (IDA), unnamed sources tell Al Mal. The IDA tendered 14 cement licenses at the end of 2016, but only awarded three (to Egyptian Cement, South Valley Cement, and El Sewedy Cement). 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