GCC Countries cement exports up

GCC Countries cement exports up
Published: 02 September 2005

Cement exports and re-exports from the six Gulf Cooperation Council (GCC) countries rose by 23.9% YoY to 3.5Mt in 2004, according to a report of Qatar-based Gulf Organization for Industrial Consulting (GOIC).
 
Cement imports to the GCC countries increased to 3.4Mt in 2004, from 3.3Mt in the previous year, the report added. 
 
There were 32 cement plants in the GCC countries at the end-2004. The total investments in the cement production sector stood at US$5.823bn for 2004, the highest among all building materials production sectors.