Cement News tagged under: Middle East

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Southern Province Cement announces new 10,000tpd line

03 June 2021, Published under Cement News

Saudi Arabia’s Southern Province Cement has announced a new 10,000tpd production line at its Jizan cement plant in the south of the country. The project will replace the plant’s current production lines, with construction expected to begin in the second half of 2021.

Iran's largest cement line inaugurated

02 June 2021, Published under Cement News

Iran’s largest cement line at Abyek Cement Complex was put into operation on Tuesday, according to the Tehran Times. Speaking at the inauguration ceremony, Alireza Razm Hosseini, the country’s industry, mining and trade minister, noted that Iran’s cement capacity has now reached 80Mta with a demand of 70Mta. However, the exact production capacity of the new line has not been reported. Currently there are 96 cement production lines active in 74 factories across the country, with almost hal...

Iranian cement demand declines 24% YoY in April

18 May 2021, Published under Cement News

Iran’s cement market contracted by 24 per cent YoY to 4.5Mt in April 2021, according to the Iranian Cement Association. In April 2020 the country’s demand reached 5.91Mt. Exports of clinker in April 2021 remained stable at 0.76Mt when compared with April 2020 while cement exports increased by 31 per cent YoY to 0.46Mt. On the supply side, clinker output from domestic cement plants edged up nine per cent to 7Mt, but cement production noted a 19 per cent drop to 5.04Mt when compared with...

Egypt's government set to put the brakes on cement production

14 May 2021, Published under Cement News

The Egyptian government has decided to take direct action to curb the excess production in the country's cement sector. In an attempt to ease the flow of cement, the government has proposed that cement producers reduce their production by 10 per cent. The government itself has contributed to the oversupply with the creation of its 13Mta military plant in Beni Suef cement plant in 2018, which has seen its sales fall by half, according to military executives. Under the formula proposed last...

Arabian Cement sees 49% surge in profit

10 May 2021, Published under Cement News

Saudi Arabia’s Arabian Cement Co has seen a 48.5 per cent YoY surge in net profit to SAR67m (US$17.87m) in the first quarter of 2021, up from SAR45.1m in the 1Q20. Sales increased 57 per cent YoY to SAR321.5m from SAR204.6m, or up 10.5 per cent QoQ from SAR290.8m. Net income also advanced 25.7 per cent QoQ from SAR53.3m.

Saudi Arabian producers report 15% decline in net profit

07 May 2021, Published under Cement News

Saudi Arabian producers listed in the main market saw an estimated 15 per cent decline in total net profits to SAR892.5m (US$237.9m) in the first quarter of 2021, compared to around SAR1.05bn in the year-ago period, according to Al Eqtisadiah. Four companies reported growth during the quarter, while the remaining 10 saw a decline. Najran Cement recorded the highest growth in net profit at 51.4 per cent, followed by Arabian Cement Co (+48.6 per cent) and Al Jouf Cement (+15.4 per cent). Ho...

Oman Cement puts US$250m project on hold

04 May 2021, Published under Cement News

Oman Cement Co has reportedly put its US$250m Duqm plant project on hold, pending confirmation of fuel availability. "The company's decision to set up a new cement plant at Duqm with a capacity of 5000tpd of clinker has currently been put on hold pending confirmation of the availability of fuel and its strategic decision to expand capacity of its existing plant in Muscat," said the company. In March, the company had received bids from EPC contractors and appointed a project consultant fo...

Iran produced 68.3Mt of cement in 2020

03 May 2021, Published under Cement News

Iranian cement plants produced 68.3Mt of cement in 2020, according to the Cement Industry Employers’ Association. This represents a capacity utilisation rate of 78.5 per cent. The association expects output in 2021 to rise to more than 70Mt.

FLSmidth to upgrade Arabian Cement's Rabigh plant in 4Q21

30 April 2021, Published under Cement News

FLSmidth is to deliver a large efficiency upgrade at Arabian Cement Co’s site in Rabigh, Saudi Arabia. The order includes new DDX top cyclones, a quenching chamber and an ABC™ Cooler Inlet. Installation and commissioning is expected to be during the 4Q21.   "The Saudi Arabian cement market is highly competitive with increasing demand, we are therefore constantly looking at ways to improve the efficiency at our Rabigh site," explains Dr Badr Osama Johar, CEO at Arabian Cement Co. "With ...

Northern Cement posts 89% rise in profit

29 April 2021, Published under Cement News

Jordan’s Northern Cement has announced an 88.8 per cent rise in profit to JOD1.8m (US$2.54m) in the first quarter of 2021, compared to JOD953,243 in the year-ago period. Sales also increased 32.4 per cent YoY to JOD9m from JOD6.8m in the 1Q20.