Cement News tagged under: Fujairah Cement Industries Co

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UAE climate change ministry signs AF deal with cement companies

14 October 2022, Published under Cement News

The UAE Ministry of Climate Change and Environment and Emirates RDF have signed Memoranda of Understanding (MoUs) with four cement companies – Fujairah Cement Industries , JSW Cement , Lafarge Emirates Cement and Star Cement – that will enable the cement producers to use alternative fuel (AF)  generated from municipal solid waste (MSW) treated by Emirates RDF. A joint venture between Besix, Griffin Refineries and Tech Group Eco, Emirates RDF operates a plant in Umm Al Qaiwain, the fi...

Fujairah Cement sees narrowing 2Q loss

12 August 2022, Published under Cement News

UAE-based Fujairah Cement Industries Co reported a loss of -AED14.2m (US$3.86m) in the second quarter of 2022, an improved result when compared with a loss of -AED21.1m in the equivalent quarter of the previous year. Second-quarter revenues came in at AED88.7m, down from AED90.8m in the 2Q21.

Fujairah Cement Industries reports 2Q decline

14 August 2017, Published under Cement News

UAE-based Fujairah Cement Industries Co posted a decline in its profits during the second quarter of 2017, according to a bourse statement. Net profits reached AED8.3m (US$2.26m) in 2Q17, compared to AED16.50m (US$4.5m) in 2Q16. The profit decline is mainly attributed to a decrease in its revenues by 16 per cent to AED138.03m in 2Q17 from AED164.20m in 2Q16. In 1H17 profits retreated 37.20 per cent to AED20.88m from AED33.25m in 1H16.