Cement News tagged under: UAE
Oman seeks anti-dumping measures30 December 2013, Published under Cement NewsUAE cement producers have defended their export levels to Oman after Raysut Cement Company calls for anti-dumping measures to be put in place to restrict imports from the neighbouring country. Raysut Cement is now urging the Omani government to put a "ceiling" on the amount of imports from UAE producers, stating that they " are offloading a large amount of cement in Oman, which has pushed prices down to a low level, especially in northern Oman," according to Samidh Mukhopadhya, CFO of O... |
Raysut sales ease in first nine months, Oman12 November 2013, Published under Cement NewsRaysut Cement, the leading cement producer in Oman, reported a rise in pretax profit for the first nine months of 2013, but sales eased due in part to competition from neighbouring UAE. During the Jan-September 2013 period the company reported a 12.6 per cent YoY rise in net profit before tax of OMR21.52m (US$55.9m). Revenue was down slightly to OMR70.18m compared to OMR70.35m in the same period of the year. The company said that competition from the UAE is likely to continue, putting pres... |
GCC: returning to form18 October 2013, Published under Cement NewsThis year has marked a broad-based recovery in the construction markets of the Gulf Cooperation Council (GCC) and the region appears to be returning to form, driven particularly by projects in Saudi Arabia and Qatar, as well as emerging signs of recovery in the UAE. A recent report by Global Investment House (GIH) states that the turnaround seen in 2012 is expected to maintain momentum as it sees consumption climbing from 4-5 per cent this year to 6-7 per cent next year due to se... |
Fujairah sales fall in first-half 201315 August 2013, Published under Cement NewsUAE-based producer Fujairah Cement Industries reported a net loss for the first six months of 2013 due to declining sales. The company registered a drop of AED3.6m (US$968,0000) for the period as its sales slipped by over six per cent to AED287.2m (US$78.2m), compared to AED307m (US$83.6m) in the same period last year. Fujairah Cement has a clinker capacity of 3.31Mta and operates a ThyssenKrupp Resource Technologies-built plant with two kiln lines. |
Ras Al Khaimah for White Cement begins expansion project, UAE09 July 2013, Published under Cement NewsSheikh Ahmed bin Humaid bin Mohammed Al Qasimi, Chairman of the Board of Directors of Ras Al Khaimah Company for White Cement and Construction Materials, has launched the expansion of its second major kiln line. According to Emirates News Agency, the project will cost AED65m and is in line with the efforts of HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, to create a strong industrial base in the Emirate of Ras Al Khaimah. The company, which was cre... |
Emirates Cement Factory to supply Barakah nuclear power plant, UAE04 July 2013, Published under Cement NewsEmirates Cement Factory (ECF) has been certified by Korea Electric Power Corporation (KEPCO) and Hyundai Samsung Joint Venture (HSJV) to supply Q Class cement to the Barakah nuclear power plant Units 1 and 2, owned by Emirates Nuclear Energy Corporation, located in Abu Dhabi's western region. ECF, a fully owned subsidiary of Arkan Building Materials, upgraded its quality assurance, quality control and production procedures to meet the standard of ASME NQA-1-2008 and to qualify them as supp... |
JK Cement aims to double capacity in 5-7 years28 June 2013, Published under Cement NewsJK Cement Ltd is undertaking several expansion projects to cement its position in the domestic as well as international markets. The Kanpur-based Indian company is setting up a 0.6Mta white cement plant at Fujairah in the United Arab Emirates and plans to add 3Mta capacity at its existing facilities in India by September 2014. According to its annual report for 2012-13 (Apr-Mar), JK Cement will also expand wall putty capacity by 0.2Mta at its Gotan plant in Rajasthan by Septembe... |
First UAE clinker shipment delivered to Saudi Arabia04 June 2013, Published under Cement NewsSaudi Arabia is set to receive its first shipment of UAE clinker with 50,000t recently loaded at the Mina Saqr port by CEM Asia Trading. 50,000t of clinker is loaded at the port of Mina Saqr, UAE, bound for Saudi Arabia Clinker exports have traditionally been seen as too expensive and uneconomical, but cement producers in Saudi Arabia are having to import volumes to keep pace with demand as mega-projects in housing and infrastructure in cities fuel consumption . This is in sha... |
VAS Template successfully implemented at Lafarge Emirates Cement17 April 2013, Published under Cement NewsFritz & Macziol has reached another important milestone in the rollout of the logistics system VAS with the final acceptance at the Lafarge Emirates cement plant, UAE. The launch was realised in a short time using a template, which has been specially modified to Lafarge's processes. The cooperation between Lafarge and the Fritz & Macziol project team made a critical contribution to this fast implementation. "We were able to start the further optimisation process with the demonstrably test... |
Sharjah Cement Factory signs MoU with Etihad Rail21 November 2012, Published under Cement NewsUAE’s Sharjah Cement Factory has signed a memorandum of understanding with Etihad Rail which will enable the cement producer to transport more than 5Mta of cement and raw materials, more than half the company’s current logistic requirements. The agreement will offer Sharjah a freight solution that will reduce transport costs and improve efficiency by allowing the use of a mode of transport that is safer and more environmentally-friendly than trucks. Ahmad Abdalla Al Noman, chairman of ... |