QNCC meets demand after commissioning new plant

QNCC meets demand after commissioning new plant
12 February 2019

Qatar National Cement Co (QNCC) has succeeded in meeting demand levels in the country following the company’s 5000tpd Plant 5 entering operation, according to Salem bin Butti al Naimi, chairman and MD.

"The company is supporting the massive construction boom in Qatar by meeting 100 percent market demand for all types of cement and washed sand successfully from the company’s own production maintaining the high quality standards, and at a reasonable price for all products," said Mr Naimi in an interview with Qatar Tribune.

After meeting domestic supply, the company now expects to turn to exports. "Today, we are in a position to export cement, clinker and white cement. Now we are looking for markets around us. We see some countries today that might need cement in future. Especially countries like Yemen and Iraq. Some countries in GCC also need clinker and cement. We are willing to export our products to them," added Mr Naimi.

QNCC produced 2.9Mt of OPC and SRC in 2018 and is also expecting to diversify by adding new products to its range. The company’s total sales revenue reached QAR848m (US$232.9m), while net profit increased 6.4 per cent YoY to QAR348m.

Published under Cement News