Sinai Cement Co. announced that it will establish a project for coal mills, adding that it contracted with FLSmidth to supply the equipment.
The company added that it plans to conclude contracts with contractors and suppliers to equip the plant for the use of coal instead of natural gas and fuel oil.
The company had posted 45% rise in Q1 net profit to EGP 35.98 million, compared with EGP 24.883 million in the same period a year earlier.