Cement News tagged under: Saudi Arabia
Saudi Arabian cement heads to Yemen03 April 2012, Published under Cement NewsLarge quantities of cement from Saudi Arabia are being smuggled into Yemen at competitive prices due to the decline of local supply and increased demand in Yemen, according to local press reports. Head of the financial sector of the Public Cement Corp, Abul-Malik Al Qirishi told the Yemen Times that trucks that transfer salt to the Saudi town of Jazan, return to the Hodeida in Yemen carrying Saudi Arabian cement. Mr Al Qirishi states that the increasing flows to Yemeni markets is due t... |
Pakistan eight-month export sales rise in value terms29 March 2012, Published under Cement NewsDuring the first eight months of the current fiscal (July 2011-June 2012), Pakistan cement exports have progressed in terms of value while the markets of Afghanistan, India and Saudi Arabia look promising. The eight month period (July 2011-February 2012) saw Pakistan export 5.855Mt of cement with a value of US$303.127m compared to 5.905Mt at US$290.852m in the corresponding period of last year. This shows that cement export fell slightly by 0.85 per cent in terms of quantity but were up... |
Saudi Arabian orders for Gebr Pfieffer26 March 2012, Published under Cement NewsGebr Pfieffer has received two major grinding technology orders in the booming Saudi Arabian market. Najran Cement Company (NCC) in Saudi Arabia has placed a third repeat order with the company for a vertical roller mill at its 5000tpd production Line No 3. In December 2011, the general contractor China Electrical Equipment Imp & Exp Co (CEIEC) placed the order for a 500tph MPS 5000 B vertical roller mill for raw material grinding. In addition to supplying the core components of th... |
Southern Cement improves market supply22 March 2012, Published under Cement NewsSouthern Cement Company Chairman Prince Abdullah bin Musaed bin Abdurrahman Al-Saud said the company has started implementing the royal decree related to cement prices. Addressing the company's General Assembly meeting held yesterday at the general administration building of the company in Abha, the prince said that the availability of additional fuel has enabled cement factories to produce more and improve its market supplies, thus checking the price-rise. The meeting approved distribut... |
Saudi Arabian demand seen rising 10.8% in 201220 March 2012, Published under Cement NewsSaudi Arabian cement consumption is expected to see a double-digit advance in 2012 thanks to increased levels of government spending, and while fuel shortage remains the key supply constraint for the domestic cement sector, the demand outlook remains strong, says a new report by NCB Capital. The main drivers for medium-term demand growth are government spending on infrastructure projects and housing, the research house notes. The economics team at NCB estimate 2012 government spending to ... |
Saudi Arabia sets prices19 March 2012, Published under Cement NewsSaudi Arabia has set the factory price of cement at SAR12/bag (US$3.20) and the retail price at SAR14/bag, the Saudi Press Agency reported, citing Minister of Commerce and Industry Tawfiq al-Rabea. The price of bulk cement has been fixed at SAR240/t, it said. Cement supply will grow 15 per cent annually after the ministries of petroleum and commerce agreed to provide the fuel to operate expansions at existing plants, the Riyadh-based news service said. Output from 13 cement companies i... |
Al Jouf Cement secures loan for expansion, Saudi Arabia12 March 2012, Published under Cement NewsSaudi Arabian cement producer, Al Jouf Cement, said it has signed and agreement with Saudi British Bank (SABB) for a SAR350m (US$93.3m) five-year Islamic facility. The financing will form part of the funds needed for the construction of a second production line and dedicated power plant. Earlier this year, Al Jouf Cement said it would invest SAR885m in a second line with a capacity of 5000tpd, together with the power plant. The company said it would use its own funds to cover the rem... |
Saudi monthly production rises 13%12 March 2012, Published under Cement NewsCement production in Saudi Arabia rose by double digits in February 2012. Output increased 13 per cent to 4.4Mt, according to data posted by local manufacturer Yamamah Cement Co. Source: Bloomberg |
Saudi Arabia removes restrictions on cement imports06 March 2012, Published under Cement NewsSaudi Arabia removed restrictions on cement imports to secure extra supplies at a stable price, the Ministry of Commerce and Industry said. “There are no restrictions on cement imports currently,” according to a statement posted on the Ministry’s website. Cement exports have already been halted and plants have been ordered to operate at full capacity. The kingdom’s western region has suffered a cement shortages as the government has increased infrastructure spending, Bloomberg reports.... |
Southern Province new line begins production, Saudi Arabia06 March 2012, Published under Cement NewsSouthern Province Cement (SPC) said the production line at its Tuhama plant started commercial production last week. The new 5000tpd line brings the Tuhama plant capacity to 10,000tpd and SPC’s total capacity to 23,000tpd. Last month the company announced the launch of trial productions at its new line, SeeNews Middle East and Africa reports. |