‘National Cement’ avoids losses by a coal mill

CAIRO - 18 January 2018: The new chairman of the Holding Company for Chemical Industries, Emad el- Din Mustafa, confirmed that he set in mind improving and supporting the National Company for Cement, according to his first press statements.

He added to “Youm7” that new Minister of Public Enterprise Khaled Badawy focuses on giving workers all their rights, considering them the real treasure of the public enterprise sector.

“We will focus on training and updating workers’ efficiency to reduce losses,” Emad el- Din confirmed.

The chairman clarified that tender specifications of buying a coal mill for the National Company for Cement would get the company back on work track, referring that the mill costs $250 million, and asserting that depending on gas deepens the losses to more than $3 million year on year.

Emad el- Din clarified that focusing on studying all the problems that lead to the companies’ losses, in co-operation with the company’s leaders and members of the trade union committees, is the target for the upcoming period.