Producers propose solutions to Egypt’s cement oversupply crisis
Producers propose solutions to Egypt’s cement oversupply crisis
Cement – Wikimedia Commons
CAIRO – 8 November 2020: In a webinar, cement producers presented their views on dealing with oversupply in the Egyptian market as production is double the market need.
Possible Solutions
CEO of La Farge Egypt Solomon Baumgartner-Aviles said the industry is still afloat in Egypt because the government has maintained constructions. Yet, he warned of the impact of the six-month ban on construction permit issuance that went into effect in May as