TCI + SWCC partner on Egypt’s first cement export terminal: AD Ports’ Egypt-based terminal operator arm Transcargo International (TCI) has inked a commercial agreement with major Egyptian cement player and Aalborg Portland Group subsidiary Sinai White Portland Cement Company (SWCC) to build Egypt’s first bulk cement silo terminal in Arish Port, according to a press release. The move is slated to boost the export capabilities of Egypt’s cement sector. The statement did not disclose details on the value of the contract or the period over which the terminal will be established.

Details: Under the agreement’s terms, TCI will build and operate a white cement silos terminal with an export capacity exceeding 200k tons per year, according to the statement. The Arish Port bulk terminal project will include six silos, with 10k ton storage capacity each. Two silos will be reserved for the storage of white Portland cement, while the four remaining silos will store grey Portland cement.

What they said: “Building and operating Egypt’s first bulk cement terminal, we anticipate cost savings for cement producers in Egypt, making prices more competitive globally and increasing global market penetration,” TCI CEO Mohamed El Ahwal said. SWCC aims to expand its footprint in the global cement exports market through this project and looks to achieve substantial growth in export volumes over the coming five years, SWCC Managing Director Alberto Barbieri said.

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