{"id":647545,"date":"2017-05-14T04:01:27","date_gmt":"2017-05-14T04:01:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/titan-cement-reduces-losses-increases-sales-in-egypt\/"},"modified":"2017-05-14T04:01:27","modified_gmt":"2017-05-14T04:01:27","slug":"titan-cement-reduces-losses-increases-sales-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/titan-cement-reduces-losses-increases-sales-in-egypt\/","title":{"rendered":"Titan Cement reduces losses, increases sales in Egypt"},"content":{"rendered":"

Titan Cement reported a net loss of EUR 3.9 mn in 1Q2017, a decrease from the EUR 18.6 mn loss recorded a year earlier, according to Global Cement<\/a>. \u201cIn Egypt, the group\u2019s plants have been in full operation utilising locally-ground solid fuels, which allowed for an increase in production and sales volumes in the first quarter of 2017. The group said that the economy has not yet adjusted to the large devaluation of the [EGP] in 2016 and a climate of uncertainty and volatility is affecting building activity and market prices.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Titan Cement reported a net loss of EUR 3.9 mn in 1Q2017, a decrease from the EUR 18.6 mn loss recorded a year earlier, according to Global Cement. \u201cIn Egypt, the group\u2019s plants have been in full operation utilising locally-ground solid fuels, which allowed for an increase in production and sales volumes in the first […]<\/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":[7278],"tags":[72,7111],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647545","post","type-post","status-publish","format-standard","hentry","category-infrastructure","tag-enterpriseam","tag-infrastructure","wpautop","entry"],"acf":{"mongo_id":"19b55105-8a26-4d31-a7c9-ddb88ca87dcc","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[647518],"teaser":"","voice_url":""},"yoast_head":"\nTitan Cement reduces losses, increases sales in Egypt - 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\/05\/14\/titan-cement-reduces-losses-increases-sales-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Titan Cement reduces losses, increases sales in Egypt\" \/>\n<meta property=\"og:description\" content=\"Titan Cement reported a net loss of EUR 3.9 mn in 1Q2017, a decrease from the EUR 18.6 mn loss recorded a year earlier, according to Global Cement. \u201cIn Egypt, the group\u2019s plants have been in full operation utilising locally-ground solid fuels, which allowed for an increase in production and sales volumes in the first […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/titan-cement-reduces-losses-increases-sales-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-14T04:01:27+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\/05\/14\/titan-cement-reduces-losses-increases-sales-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/titan-cement-reduces-losses-increases-sales-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Titan Cement reduces losses, increases sales in Egypt\",\"datePublished\":\"2017-05-14T04:01:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/titan-cement-reduces-losses-increases-sales-in-egypt\/\"},\"wordCount\":96,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"infrastructure\"],\"articleSection\":[\"Infrastructure\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/titan-cement-reduces-losses-increases-sales-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/titan-cement-reduces-losses-increases-sales-in-egypt\/\",\"name\":\"Titan Cement reduces losses, increases sales in Egypt - 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The funds will be used to boost Titan Group subsidiaries\u2019\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":661096,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/23\/arabian-cement-lines-up-eur-25-mn-package-from-ebrd-to-boost-decarbonization-efforts\/","url_meta":{"origin":647545,"position":5},"title":"Arabian Cement lines up EUR 25 mn package from EBRD to boost decarbonization efforts","author":"enterpriseam admin","date":"23 February 2025","format":false,"excerpt":"EBRD to provide EUR 25 mn to local cement player: The European Bank for Reconstruction and Development (EBRD) will roll out a EUR 25 mn financing package to the Arabian Cement Company (ACC) to support its green transition, according to a statement from the multilateral lender. 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