Cement News tagged under: UAE

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UltraTech acquires 29% stake in RAK White Cement

19 April 2022, Published under Cement News

UltraTech Cement Middle East Investments , part of UltraTech Cement in UAE, has invested US$101m to acquire a 29.39 per cent stake in RAK Cement Co for White Cement and Construction Materials PSC . RAK White Cement reported a turnover of INR4.825bn (US$63.2m) last year, up from INR4.46bn in 2020. The company is registered on the Abu Dhabi and Kuwait stock exchanges.

ABB installs its distribution control system at Star Super Cement

06 April 2022, Published under Cement News

ABB was the electrical and automation partner for the Star Cement clinkerisation plant 10 years ago and had deployed ABB’s DCS for three cement grinding units when these plants were installed. Each grinding unit had a different generation of DCS depending on the plant commissioning period. All grinding units have now been upgraded to ABB Ability System 800xA, which can implement advanced process control methods and is ranked by the ARC advisory group as the world’s No 1 DCS platform over th...

ASEC repairs bearings in kiln tyre supports at UAE plant

05 April 2022, Published under Cement News

A cement plant in the UAE faced a major incident in February 2022 that caused severe damage in the journal bearings and roller supports in the middle tyre of the kiln. At very short notice, Arab Swiss Engineering Company (ASEC) addressed the damage. A team of experts from ASEC   started the job immediately with the following objectives: • investigations leading to the development of the root cause of the failure • supervision of replacing and repairing all damaged parts • inve...

Heriot-Watt University accelerates efforts to decarbonise the cement industry

09 February 2022, Published under Cement News

A ground-breaking project led by Heriot-Watt University is accelerating efforts to decarbonise the energy-intensive cement industry. The innovative government, industry and academic collaboration has unveiled a series of ambitious targets for the sector, leading to net zero emissions across the UAE by 2040 before being rolled out globally.   The research, which is being led by the Centre of Excellence in Smart Construction (CESC) based at the University’s Dubai campus, will focus on fou...

UAE’s cement sector is integral in building circular economies

01 September 2021, Published under Cement News

The second UAE Circular Economy Council meeting reviewed progress in implementing the country’s 2021-31 Circular Economy Policy and underlined the growing role of the cement sector in achieving its goals.  Mohammed Al Jawi, senior manager of environmental and waste management at Emirates Global Aluminium, stressed that the company’s policy of zero processed waste being sent to landfill had been made possible by the cement sector. He outlined that the approach to reducing generated spent p...

RAK White Cement sees revenue down 7%

17 March 2021, Published under Cement News

UAE-based RAK White Cement has seen a 34.6 per cent YoY decline in attributable net profit to AED12.69m (US$3.46m) in 2020, compared to AED19.41m in the previous year. Revenues declined 6.5 per cent YoY to AED221.19m from AED236.48m in 2019.

Sharjah Cement sees 26% revenue decline in 2020

15 March 2021, Published under Cement News

UAE-based Sharjah Cement has reported a 25.6 per cent decline in revenue to AED431.63m (US$117.53m) for 2020, compared to AED580.1m in the previous year. The cost of sales declined to AED436.99m from AED543.8m. The company also posted an AED70.64m loss for the year, compared to an AED12.07m profit in 2019.

Wärtsilä wins O&M agreement with Umm Al Qura Cement

19 February 2021, Published under Cement News

Wärtsilä has signed a five-year operation and maintenance (O&M) agreement with the Saudi Arabian cement producer Umm Al Qura Cement Co. It is the third agreement term for the customer’s captive power plant installation. Following the continued efficient and reliable performance of the power plant, this latest contract was renewed for five years in November 2020. The 47MW plant is located in Taif City in western Saudi Arabia. It operates with five Wärtsilä 32TS engines, a two-stage turb...

Sharjah Cement receives approval to delist

17 February 2021, Published under Cement News

UAE-based Sharjah Cement has received the approval of the Capital Market Authority (CMA) to voluntarily delist from Boursa Kuwait. On 30 April 2020, the ordinary general meeting (OGM) of Sharjah Cement had agreed on a voluntary withdrawal from the stock exchange through the required measures.

Ras Al Khaimah Cement reports 9% decline in profit

12 February 2021, Published under Cement News

UAE-based Ras Al Khaimah Cement Co has reported a nine per cent decline in net profit to AED50.71m (US$13.8m) last year, compared to AED55.71m in 2019. The company's revenue also fell 15 per cent YoY to AED153.08m from AED181.66m. During the first nine months of 2020, the company's net losses had surged to AED23.7m from AED6.4m in the year-ago period.