Editor's Note
This editor’s note highlights the key facts and market implications behind “Alexandria Refractories: 196 Million EGP Capital”, with emphasis on sourcing, product fit, fabrication, logistics, or buyer impact.
Alexandria Refractories Company is one of Egypt's oldest industrial companies specializing in the manufacture of refractories and ceramics. It is considered a strategic industrial entity that contributes to supporting heavy industries both within Egypt and abroad. Founded at the beginning of the last century, the company continues its operations within the framework of the metal industries and building materials sector, operating under the umbrella of the state-owned Holding Company for Metallurgical Industries.
History and Founding of Alexandria Refractories Company
Alexandria Refractories Company was founded in the city of Alexandria in 1938, making it one of the oldest companies in the field of refractory and ceramic manufacturing in Egypt and the Middle East and Africa region. The company possesses extensive experience spanning more than eight decades in this industrial specialty, achieved through the development of its industrial products and the modernization of its manufacturing facilities in line with technological advancements in this sector. The company works on producing a wide range of refractory products used in heavy industries, in addition to ceramic products that meet the needs of multiple sectors. The company also contributes to exports to a number of regional and international markets.
Company Activities and Products
The company produces shaped and unshaped refractories that meet the needs of sectors such as the iron and steel industry, cement, aluminum industry, energy, and petroleum. Its products include: Shaped refractories: Such as aluminum silicate refractories, high alumina refractories, and insulating refractories. Unshaped refractories: Refractory castables, dry and wet monolithics, and calcined kaolin materials. Ceramic products: Such as tiles and various ceramic works.
The company also provides design, lining, and maintenance services for industrial furnaces used in various factories, making it an important partner in the industrial production system.
Structural Capital and Listing Plans
The issued capital requested for listing for Alexandria Refractories Company amounts to approximately 196.83 million Egyptian pounds, distributed over 19.68 million shares with a nominal value of 10 pounds per share. The company has submitted a formal request to the Egyptian Stock Exchange to list its shares on the main market, a step aimed at enhancing transparency, increasing investment opportunities, and attracting local and foreign capital. This step comes within the broader trend of encouraging strong industrial companies to expand into the capital market, which allows them to finance growth and expansion plans, in addition to increasing their participation in major industrial projects.
Performance and Expansion of Alexandria Refractories Company
Previous reports indicate that the company achieved positive financial indicators in past years, with activity revenues and net profit rising in previous financial reporting periods, reflecting the entity's ability to face market challenges and achieve sustainable growth. The company also seeks to expand its activity by implementing new projects in the production of additional types of refractory materials, in addition to exporting to Arab and European markets, which enhances its position as an important industrial exporter both locally and internationally.
Stock Exchange Approves Temporary Listing of Alexandria Refractories Company
The Listing Committee of the Egyptian Stock Exchange has approved the temporary listing of Alexandria Refractories Company.
Source: Read the original article | Published: April 08, 2026