Cement News tagged under: UAE
ASEC repairs bearings in kiln tyre supports at UAE plant05 April 2022, Published under Cement NewsA 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 industry09 February 2022, Published under Cement NewsA 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 economies01 September 2021, Published under Cement NewsThe 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 NewsUAE-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 202015 March 2021, Published under Cement NewsUAE-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 Cement19 February 2021, Published under Cement NewsWärtsilä 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 delist17 February 2021, Published under Cement NewsUAE-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 profit12 February 2021, Published under Cement NewsUAE-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. |
Gulf Cement Co sees net loss widen in 202011 February 2021, Published under Cement NewsUAE-based Gulf Cement Co has posted a net loss of AED273.5m (US$74.47m) in 2020, compared to a net loss of AED26.8m in the previous year. The company’s revenue also declined 22 per cent YoY to AED345.9m from AED443.6m in 2019. |
Sharjah Cement signs SRF supply contract27 November 2020, Published under Cement NewsUAE-based Sharjah Cement Factory has signed a contract with Bee'ah, a leading environmental management company, for the supply of alternative fuel from Bee’ah’s SRF plant. A minimum of 73,000t will be provided each year. This translates to 73,000t of waste being diverted from Sharjah landfills and reused by the UAE’s industries. "Companies and industries in the UAE must work together to realise new efficiencies and achieve the country’s sustainability objectives. We thank Bee’ah for it... |