Home Business & Finance Transcargo International signs strategic agreement with Sinai White Cement Portland

Transcargo International signs strategic agreement with Sinai White Cement Portland

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Transcargo International signed a strategic agreement with Sinai White Cement Portland, SWCC.

SWCC is one of the leading Egyptian cement producers established in 1999 and a proud subsidiary of the world’s largest white cement manufacturer, Aalborg Portland Group controlled by Cementir Holding N.V.

SWCC is also one of the leading cement exporters globally and operates one of the world’s largest white cement plants in Sinai Peninsula.

On the 29th of November, TCI and SWCC signed a strategic agreement first of its kind in the Middle East for the development of Egypt’s first bulk cement silos in Arish Port, marking a significant milestone in the cement industry in Egypt and its export capabilities.

Under the terms of the commercial agreement, TCI will build and operate white cement silos terminal with an annual capacity exceeding 200,000 tons for SWCC, facilitating the export of the company’s products to different export markets.

The silos terminal will boost SWCC’s competitive position providing extra logistics capability to fulfil market needs across all Mediterranean region and worldwide.

Arish Port bulk terminal project features 6 cement silos with a total storage capacity of 60,000 tons (10,000 tons each). Two silos for white Portland cement, and four are for grey Portland cement.

The objective is to streamline cement exports, reduce costs, and enhance competitiveness for the Egyptian cement exports.

TCI as well is a gold sponsor of Intercem Americas 2023, where we are going to discuss the project details with the world’s renown cement and construction leaders.

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