Cement News tagged under: Hail Cement
Hail Cement widens loss, Saudi Arabia18 July 2012, Published under Cement NewsSaudi Arabia-based cement company Hail Cement has increased its losses in the second quarter of 2012 to US$2.29m, up by 36 per cent from the US$1.68m it lost in the first quarter. The loss is attributed to the pre-operating stage it is currently undergoing with operations due to begin in the first quarter of 2013. For the first six months of this year, the company’s net loss was US$3.97m. (Source: Middle East North Africa Financial Network). |
Hail Cement secures license to exploit raw materials, Saudi Arabia30 May 2012, Published under Cement NewsSaudi Arabia's Hail Cement Co said Tuesday it has secured a license from the Ministry of Petroleum and Mineral Resources to exploit raw limestone and clay in the Green Well area. |