Cement News tagged under: Bahrain

RSS feed

Saudi Cement invest SAR23m in Bahrain's United Cement

14 January 2020, Published under Cement News

Saudi Arabian Cement has bought a stake in United Cement Co BSC of Bahrain from Esterad Investment Co for SAR23m (US$6.13m). The sale is for a 36 per cent stake in United Cement, which is located in Adliya. United Cement operates a a bulk fleet of transport ships with a capacity of 3000t each and can supply more than 80,000tpm of cement to Bahrain from the GCC region. The company trades OPC, sulphate-resistant cement and white Portland cement in bulk and bagged forms. United Cement was ori...

Falcon Cement's 2017 revenue up 56%

24 July 2018, Published under Cement News

Bahrain's Falcon Cement Company (FCC) has reported that its total income for 2017 rose to US$45.6m, while its net profit hit US$8.2m.   "Despite challenging market conditions and competition, we're delighted to have achieved solid growth in our sales and market share. As a result, we saw profits rise a considerable 54 per cent," said Hisham Alrayes, chairman of the board of directors.   "These are strong indicators of the continued strides we are making in the development of our business and...

Bahrain: APICorp acquires 30% Falcon Cement stake

13 December 2016, Published under Cement News

Multilateral development bank Arab Petroleum Investments Corp (APICorp) announced it acquired a 30 per cent stake in Bahrain’s Falcon Cement Co (FCC), one of the largest cement producers in Bahrain. FCC has a current capacity of 1000tpd and is well on its way to more than double its production capacity to 2400tpd by 2017. The cement company is expected to capitalise on a series of major industrial and infrastructure projects that are fuelling the kingdom’s construction industry. The US...

Bahrain: 10% stake in Falcon Cement snapped up

23 March 2016, Published under Cement News

Abu Dhabi Financial Group (ADFG) will buy a 10 per cent of Bahrain-based Falcon Cement Company from the Bahraini Islamic investment bank GFH Financial Group. The US$120m integrated cement plant has a production capacity of 0.35Mta, which is expected to rise to 0.85Mta by the end of 2016 after a second production line is added. The plant manufactures ordinary Portland cement and sulphate resistant cement and is located in Hafirah. The deal was carried out through Integrated Capital, the cap...

CEM Asia Trading, Dubai ships Oman gypsum to Bahrain

24 August 2015, Published under Cement News

CEM Asia Trading, Dubai has undertaken the first shipment of natural gypsum from Oman to Khalifa Bin Salman Port, Bahrain, for Falcon Cement. Gypsum being discharged at the Khalifa Bin Salman Port, Bahrain Shipments had previously been carried out from Iran to Bahrain in small barges. However, a source told CemNet News that given the high purity of gypsum originating from Oman (above 91 per cent), the company has now chosen to source gypsum from the sultanate. Indeed, this...

Falcon Cement receives ISO 9001 certification, Bahrain

04 November 2013, Published under Cement News

Falcon Cement Company, Bahrain’s first integrated cement producer, has announced that following comprehensive assessments, the company and its systems has been approved for ISO 9001 quality management system certification by the Bureau Veritas. “We are delighted to have received this prestigious certification,” Falcon Cement executive director Salah Sharif told Gulf Industry news. “We look forward to further building our position and even more effectively meeting the needs of the current a...

Bahrain: Falcon cement achieves ISO 9001

01 October 2013, Published under Cement News

Falcon Cement Company (FCC) has achieved ISO 9001 Quality Management System Certification for its systems, after accreditation by Bureau Veritas. Falcon, which started production in March 2009, currently has a cement capacity of 1000tpd with a planned expansion in the coming year expected to see this grow to more than 2500tpd. This represents about 50-60 per cent of the current cement requirements of the Bahraini market. The certification follows a comprehensive assessment of the company ...

Falcon Cement to increase capacity, Bahrain

01 May 2013, Published under Cement News

Falcon Cement Company, Bahrain’s sole integrated cement facility, has signed an advisory and engineering service agreement with LV Technology Public Company of Thailand, to increase capacity and reduce the company’s reliance on imports.   The agreement was signed by FCC executive director Salah Sharif and LVT managing director Hans Jorgen Nelsen, in the presence of Industry and Commerce Minister Dr Hassan Fakhro and FCC chairman Hisham Al Rayes. Mr Alrayes stated: “FCC is the firs...

Cemena outlines Falcon expansion plans, Bahrain

12 June 2012, Published under Cement News

Cemena Holding Company, plans to increase capacity of its Falcon Cement Company (FCC) plant, the Bahrain-based firm has announced. Cemena, which was set up in 2008 by Gulf Finance House, told shareholders at the company's annual general meeting that it plans to raise capacity at FCC to 3500tpd in the future. The expansion of FCC will help the company meet Bahrain's growing demand for cement with the increasing number of infrastructure projects, Gulf Daily News reports. FCC was establis...

Bahrain urges producers to work at capacity

14 March 2012, Published under Cement News

The government of Bahrain has urged cement importers and local producers to operate at full capacity to satisfy growing domestic demand. Dr Hassan Fakhro, Industry and Commerce Minister, reiterated the call as he visited Arabian Gulf Cement Company (Star Cement) in Hidd, as part of efforts to follow up economic and urban consumer issues, Mist News reports. Mr Fakhro has made similar visits to United Cement Co and Al Saqr Cement Factory. During the meeting with Star Cement director-gene...