Cement News tagged under: UAE

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UltraTech Cement

22 May 2019, Published under Cement News

Following its acquisition of Binani Cement, UltraTech Cement is now looking to sell the 3Mta integrated cement plant in China and 2.5Mta grinding plant in UAE it inherited as part of the deal. Prior to the agreement with UltraTech, Binani had tried to sell its 90 per cent stake in the Chinese plant but was unsuccessful. Finding a buyer for the UAE grinding works is also expected to be difficult due to overcapacity in the country. Meanwhile, UltraTech is pushing ahead with its plans to est...

EGA completes new spent pot lining plant

21 May 2019, Published under Cement News

UAE-based Emirates Global Aluminium (EGA) has announced the completion of a new AED15m (US$4.1m) pre-treatment and crusher facility for spent pot lining (SPL) in Al Taweelah, Abu Dhabi. The facility is the largest of its type in the Gulf region and will be used to supply an alternative feedstock for cement companies in the country. In 2018 EGA supplied 41,000t of SPL to cement companies in the UAE, according to Arabian Business. EGA had previously worked alongside third parties to process...

Construction to start on Emirates RDF facility

08 May 2019, Published under Cement News

Construction starts this month on the Emirates refuse-derived fuel (RDF) facility, which is being built in Umm Al Quwain, UAE. The project is a joint venture consisting of UAE based contractors Besix and TG Eco Holding together with Finland-based Griffin Refineries. From September 2020 the facility will receive 1000t of municipal waste per day from approximately 550,000 residents living in the Emirates of Umm Al Quwain and Ajman. The waste will be converted into RDF. It will be used as a fu...

Cemtech MEA 2019

02 April 2019, Published under Cement News

Over 200 delegates from the global cement industry came together for Cemtech Middle East & Africa 2019, held at the Grand Hyatt Dubai between 17-20 February. The event featured an extensive technical programme alongside an international exhibition of service and product suppliers. The first session speakers – from left to right: Thomas Armstrong, ICR; Ahmad Al-Rousan, AUCBM; Paul Roger, Exane BNP Paribas; Tony Hadley, Tony Hadley African Advisory; Keith Hall, chairman and Hettish K...

Sharjah Cement reports fall in profit for 2018

04 March 2019, Published under Cement News

UAE-based Sharjah Cement & Industrial Development Co has reported a 54.6 per cent YoY fall in profit during 2018, declining to AED29.4m from AED64.78m (US$17.6m) in 2017. Revenue also decreased 8.2 per cent to AED596.8m, compared with AED650m of the previous year.

Fujairah Natural Resources Corp begins construction of new plant

22 February 2019, Published under Cement News

The UAE’s Fujairah Natural Resources Corp has launched an AED550m (US$149.74m) three-stage project in Habbab, Fujairah. The new facility will produce clinker, with production commencing following the completion of stage one in December 2019. Ali Qasim, company director, has stated that the project will boost the cement industry in Fujairah, adding value to the UAE’s national industry.

Gulf Cement Co sees fall in profit in 2018

20 February 2019, Published under Cement News

UAE-based Gulf Cement Co reported revenues of AED475.707m (US$129.5m) in 2018, according to the company’s preliminary results. This represents an 18.4 per cent drop from AED583.203m the previous year. The company’s net operating profit of AED24.360m in 2017 declined to a loss of AED49.072m in 2018 while net profit fell from AED40.613m to a loss of AED32.99m over the same period.

Arkan sells Emirates cement plant

15 February 2019, Published under Cement News

UAE-based Arkan Building Materials has announced the sale of its Emirates cement plant for AED50m (US$13.6m). The company also noted the permanent shutdown of Emirates Cement Co. Arkan has already received AED21.9m of the total amount, recognised in its 2018 financials as other income. The company’s main operations are based at its separate 4.5Mta facility in Al Ain.

RAK Cements profit falls to AED13m

14 February 2019, Published under Cement News

Ras Al Khaimah Co for White Cement and Construction Materials has posted a 57 per cent drop in net profit to AED13m (US$3.5m) in 2018. The company’s revenues fell from AED767.92m in 2017 to AED755.22m one year later while total assets declined to AED1.03bn in 2018 versus AED1.102bn the previous year.

Pioneer Cement to begin RDF usage

02 January 2019, Published under Cement News

UAE-based Pioneer Cement, a subsidiary of Raysut Cement, has signed an agreement with Emirates RDF that will lead to the use of fuel derived from household waste in its production plant. According to a statement, the company will be one of the first cement facilities in the region to use waste fuel. "Pioneer Cement has a strong focus in protecting the environment and the agreement, which will pave the way for us to use RDF (refuse derived fuel), is a pioneering step in bringing innovation i...