Cement News tagged under: Falcon Cement Company
Falcon Cement's 2017 revenue up 56%24 July 2018, Published under Cement NewsBahrain'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: 10% stake in Falcon Cement snapped up23 March 2016, Published under Cement NewsAbu 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... |
Falcon Cement receives ISO 9001 certification, Bahrain04 November 2013, Published under Cement NewsFalcon 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 900101 October 2013, Published under Cement NewsFalcon 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, Bahrain01 May 2013, Published under Cement NewsFalcon 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, Bahrain12 June 2012, Published under Cement NewsCemena 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... |
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