Cement News tagged under: Saudi Cement Company
Saudi Cement Co 3Q12 net profit rises, Saudi Arabia07 January 2013, Published under Cement NewsSaudi Cement Company (SCC) said its net profit for the nine months through September 2012 surged in the first nine months of 2012 compared to the same period of the previous year. Net profit rose 30.5 per cent YoY, to SAR825.3m (US$220.1m) from SAR 619.9m a year earlier. Earnings per share (EPS) stood at SAR 5.39, up from SAR 4.05. Operating profit increased to SAR842m for the first nine months of 2012, from SAR645.1m a year ago. For the third quarter alone, the company reported... |
Saudi Cement restarts kilns24 December 2012, Published under Cement NewsSaudi Cement Company has restarted clinker production at its Hofuf plant. Kiln lines No. 1, 2 and 3, each with a clinker capacity of 1,325tpd, resumed production on 22 December. |
Saudi Cement announces new grinding investment, Saudi Arabia12 November 2012, Published under Cement NewsSaudi cement producer Saudi Cement Company (SCC) is to replace three old cement mills with two new ones. The old mills have a grinding capacity of 360tph, while the new mills – 440tph. The project will raise the company's grinding capacity by some 600,000tpa. |
Saudi Cement elects board of directors09 November 2012, Published under Cement NewsSaudi Cement Company has elected a board of directors with a three-year term ending December 2015, the Saudi Arabian cement producer said in a bourse filing. The newly appointed board members are Hamad al-Olyan, Khaled al-Rajhi, Khaled Abdul Kareem, Sami al-Juffali, Abdul Kareem al-Khoraiji, Abdul Rahman al-Sohaibani, Abdul Rahman al-Rajhi, Fahad al-Saleh, Mohammed al-Qarni, Mohammed Bilghanem, and Waleed al-Juffali. |
Saudi Cement increases output07 August 2012, Published under Cement NewsSaudi Cement Company announced that it has restarted Kiln No 6 on Monday which has a capacity of 35000tpd and an actual capacity that could reach a maximum of 4000tpd of clinker. Production from this kiln will be used to increase the company’s clinker inventory to meet demand, the company said in a statement on its website. |
Saudi cement producers see 1Q rise in net profit12 June 2012, Published under Cement NewsTwo leading Saudi Arabian cement producers have reported solid gains in the first quarter of 2012 driven by higher sales volumes as a result of rising local demand. Saudi Cement Company (SCC) said that its net profit for the three months through March 2012 surged 54.4% YoY to SAR325.6m (US$86.8m) from SAR210.8m a year earlier. Meanwhile, Eastern Province Cement Company registered a SAR104m (US$27.7m) net profit for the first quarter of 2012, an increase from the SAR83m recorded a year ... |
Saudi Cement delays kiln starts until 3Q1216 May 2012, Published under Cement NewsFurther to Saudi Cement Company announcement in February 2012 regarding re-operating of Kiln No. 6 with 4000tpd of clinker capacity, and also the re-operating of three old kilns with total capacity of 1325tpd during the month of May 2012, the company has announced that due to technical reasons re-operating of all four kilns will take place during the third quarter of 2012. (Source: Mist News) |