Cement News tagged under: Saudi Arabia
Tabuk Cement Co signs contract for 5000tpd line, Saudi Arabia05 June 2013, Published under Cement NewsTabuk Cement Company (TCC) has signed a SAR531.5m (US$141.7m) agreement with China's Chengdu Design and Research Institute of Building Materials Industry Co, or CDI, for the delivery and installation of a 5000tpd production line. The project also includes the construction of a 30MW power generation unit, for which TCC signed a separate agreement, worth SAR155.6m, with a German company. In addition, the cement firm awarded a SAR 35.5 million contract, to French environmental services co... |
First UAE clinker shipment delivered to Saudi Arabia04 June 2013, Published under Cement NewsSaudi Arabia is set to receive its first shipment of UAE clinker with 50,000t recently loaded at the Mina Saqr port by CEM Asia Trading. 50,000t of clinker is loaded at the port of Mina Saqr, UAE, bound for Saudi Arabia Clinker exports have traditionally been seen as too expensive and uneconomical, but cement producers in Saudi Arabia are having to import volumes to keep pace with demand as mega-projects in housing and infrastructure in cities fuel consumption . This is in sha... |
Medina Cement begins trial production of new grinding plant30 May 2013, Published under Cement NewsNewly-listed Saudi Arabian cement manufacturer Medina Cement said it has started trial production at its new grinding plant. The new facility has a capacity of 130tph and the trial period will last 2-3 months. Medina Cement offered 94.6 million shares, or 50 per cent of its capital, in an IPO in September 2012. |
Hail Cement increases quarterly net loss, Saudi Arabia23 May 2013, Published under Cement NewsSaudi cement producer Hail Cement Co has reported a net loss of SAR13.9m (US$3.7m) for the first quarter of 2013, double the loss recorded in the same period a year ago of SAR6.3m. The company attributed the loss to higher expenses related to launching production, coupled with higher salary costs due to the growing number of employees. Newcomer to the Saudi cement industry, Hail Cement’s 1.65Mta plant, located in the north of the kingdom, is scheduled to come on-stream in the third quarter... |
Eastern Province net profit rises 4.8% YoY20 May 2013, Published under Cement NewsEastern Province Cement Company (EPCC) posted a 4.8 per cent rise in net profit for the first quarter of 2013, which the company attributed the increase to a better performance at one of its affiliate companies. For the first three months to the end of March 2013, net profit rose to SAR109m (US$ 29.1m) compared to SAR104m in the same period a year earlier. Earnings per share (EPS) stood at SAR 1.27, compared with SAR 1.21. Operating profit, however, fell to SAR104m for the first three ... |
Saudi Arabian port authorities prepared for cement imports20 May 2013, Published under Cement NewsThe Saudi Arabian Ports Authority (PA) has said the kingdom’s commercial ports are prepared to receive cement and clinker shipments following King Abdullah's directive to import 10Mt to end the current supply shortages. PA spokesperson Abdul Rahman Aldrais said the authority has allocated 17 docking stations, with four each in Jeddah, Dammam and Jubail and one in Yanbu, Dhuba and Jazan. He added that the authority has allocated sufficient storage space to temporarily store and handle cement... |
Najran Cement awards new line to Chinese contractor, Saudi Arabia15 May 2013, Published under Cement NewsSaudi cement producer Najran Cement has awarded a contract for the installation and maintenance of a third production line to Chinese firm CEIC. The new production line will have a capacity of 7000tpd and is expected to begin trial operations in 3Q13, the company said in a bourse filing. Najran Cement operates a cement plant situated in Sultana which has two clinker lines of 6000tpd and 3000tpd each. |
Saudi Cement Co signs contract with Sinoma for kiln upgrades14 May 2013, Published under Cement NewsSaudi Cement Co has announced that it has signed a contract with Sinoma Technology & Equipment Group Co to rehabilitate and restart kiln lines 4 and 5 at its Hofuf factory. Under the deal worth US$19.9m, the Saudi-Arabia based cement producer said it had signed the contract with Sinoma, adding that the work would be "fully financed through the company's own resources." The project is expected to start immediately and will be completed by the end of the year. |
Saudi cement producers urged to maintain reserve supplies02 May 2013, Published under Cement NewsThe government of Saudi Arabia is urging cement companies to maintain a strategic stockpile of cement to prevent future shortages. A directive to this effect was issued by the Commerce and Industry Minister Tawfiq Al-Rabiah, according to local press reports. Each company has has been asked to build up a strategic reserve (equaling a company’s two-month output) in addition to regular market supplies. Companies may face punitive action if they failed to adhere to the latest directives, the... |
Saudi Cement to rehabilitate two kiln lines, Saudi Arabia25 April 2013, Published under Cement NewsSaudi Cement Company’s board of directors has announced that the cement producer is to rehabilitate and re-operate Kilns 4 & 5 in Hofuf factory with a total designed capacity of 3000tpd of clinker. Operations are expected to resume during the fourth quarter of 2013. The company said it will announce further details of this project following the signing of the contract with the project contractor. |