Cement News tagged under: Middle East
Saudi cement sales fall 6% to 4.9Mt in January08 February 2022, Published under Cement NewsThe total sales of 17 Saudi cement producers fell per cent to 4.9Mt in January, compared to 5.2Mt in the same month last year, according to recent data issued by Yamama Cement Co . Locally, 13 market players reported lower sales, led by Northern Region Cement C o with a 60 per cent YoY decline. It was followed by United Cement Industrial Co (down 35 per cent YoY), and Al-Jouf Cement Co , down 24 per cent YoY. On the other hand, four companies recorded higher sales, headed by Y... |
Qatar National Cement Co appoints new CEO25 January 2022, Published under Cement NewsQatar National Cement Co has announced the appointment of Engr Essa Mohammed Ali Kaldari as its chief executive officer with effect from 1 February 2022. |
Aggregate Saudi Arabian Cement sales fall 7% in December11 January 2022, Published under Cement NewsThe aggregate sales of 17 Saudi cement producers decreased by seven per cent to 4.8Mt in December 2021, from 5.2Mt in the same month last year, according to recent data issued by Yamama Cement Co. In terms of local sales, 14 companies witnessed a sales drop, led by Northern Region Cement Co with a decline of 58 per cent YoY. It was followed by United Cement Co and Hail Cement Co with YoY decreases of 34 and 27 per cent, respectively. Argaam reports that Yamama Cement, Tabuk Cement... |
Oman Cement Co opens tenders for kiln line No 411 January 2022, Published under Cement NewsOman Cement Company (OCC) has floated a tender for the construction of its fourth cement production line in the sultanate of Oman and to upgrade its third kiln line. The fourth line will have a clinker capacity of 10,000tpd, whereas the third line will be upgraded from 4000 to 5000tpd of clinker production. Salem Abdullah Al Hajri, CEO of OCC, said, "This tender has been floated for local companies operating in the Sultanate of Oman as part of OCC’s interest in enhancing the added... |
Qassim Cement Co plans 30MW solar power plant04 January 2022, Published under Cement NewsSaudi Arabia's Qassim Cement Co will mandate a consulting firm to help with the preparations for a 30MW solar plant at its site in Buraydah city. Qassim Cement produces about 4Mta of cement. The company will invest SAR152m (US$40.53m) to build a cement mill at its plant in Buraydah with a capacity of 300tph. |
Arabian Cement expects start Rabigh mills for 4Q2230 December 2021, Published under Cement NewsWhile completion of the new cement mills at Arabian Cement Co’s Rabigh plant in Saudi Arabia has reached 99.5 per cent, the project’s contractor, CNBM, has not been able to enter the country to resume work on the project, said Arabian Cement Co in a statement to the Saudi stock exchange. Resumption of work will be possible following the approval of relevant government agencies in China for the project team’s travel requirements. As a result, the expected date of commercial operations will ... |
Iran’s cement consumption at 5.36Mt in November17 December 2021, Published under Cement NewsThe Iranian cement market required a supply of 5.36Mt in November 2021, according to the Iranian Cement Association. Domestic supply of cement and clinker reached 5.35Mt and 6.57Mt, respectively. In addition 0.38Mt of cement and 0.97Mt of clinker was exported by the country’s cement producers. |
Cemtech Middle East & Africa 202216 December 2021, Published under Cement NewsVirtual conference: Cemtech Middle East & Africa Date: 21-23 February 2022 Free registration: https://us02web.zoom.us/webinar/register/WN_L5yZC6zZRxiWoZ6oqw8AGA Cemtech will hold its annual flagship Middle East & Africa conference as a virtual event on 21-23 February 2022. The meeting will explore major developments underway in the regional cement industry including: In-depth industry analysis, corporate developments and cement market forecasts Insights into the l... |
Yamama Cement Co makes early loan repayments16 December 2021, Published under Cement NewsYamama Cement Co announced the early repayment of SAR130m (US$34.6m) worth of two loan installments to Saudi Industrial Development Fund (SIDF), according to a bourse filing. The company has an outstanding debt balance of SAR1.178bn, reports Argaam. The repayment of the two installments, which were due in 2022, was financed from the company’s available cash. The early repayment is in line with the company’s strategy aimed at boosting its financial efficiency. |
Yanbu Cement completes modernisation project14 December 2021, Published under Cement NewsYanbu Cement Co has announced the completion of its Kiln Line 4 modernisation project following the recent shutdown. The reason for exceeding the previously announced end date is due to the delay in receiving some spare parts and the improvement of operations of the Line 4. |