HeidelbergCement ups the ante against Egypt and enters arbitration
Cairo’s decision to impose production quotas in the country has sparked a furore among international cement manufacturers.
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▪ HeidelbergCement ups the ante against Egypt and enters arbitration
▪ Cairo’s decision to impose production quotas in the country has sparked a furore among international cement manufacturers.
▪ https://www.africabusinessplus.com/en/809845/heidelbergcement-ups-the-ante-against-egypt-and-enters-arbitration/
These are tense times for cement producers in the land of the Pharaohs. Since the local authorities decided to introduce quotas – a basic reduction of 10% of production with a variable part linked to the age of the installations – the cement manufacturers are not taking it lying down.
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