Cement News tagged under: Riyadh Cement

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Riyadh Cement sees 4% drop in net profits in 2021

30 March 2022, Published under Cement News

Saudi cement company Riyadh Cement Co posted a 3.8 per cent decline in net profits after zakat and tax to SAR211.64m in 2021, when compared with 2020 when net profits after zakat and tax reached SAR219.95m. Revenues were up 13.7 per cent to SAR671.06m in 2021 from SAR590.29m in 2020, according to a bourse filing.

Aggregate Saudi Arabian Cement sales fall 7% in December

11 January 2022, Published under Cement News

The 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...

Riyadh Cement completes record kiln operation

01 December 2020, Published under Cement News

Saudi Arabia-based Riyadh Cement Co has completed its longest kiln operation without interruption with 70 days of continuous operation (1676.67h) without any single minute interruption. The plant also operated the kiln at 103 per cent capacity, averaging 5145tpd of production from 5000tpd of designed plant capacity.   The stoppage was preventively taken to inspect the clinker pan conveyor which took about 4-6h maintenance. This performance was only possible due to the high leve...