Cement News tagged under: UAE

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Raysut sales ease in first nine months, Oman

12 November 2013, Published under Cement News

Raysut Cement, the leading cement producer in Oman, reported a rise in pretax profit for the first nine months of 2013, but sales eased due in part to competition from neighbouring UAE. During the Jan-September 2013 period the company reported a 12.6 per cent YoY rise in net profit before tax of OMR21.52m (US$55.9m). Revenue was down slightly to OMR70.18m compared to OMR70.35m in the same period of the year. The company said that competition from the UAE is likely to continue, putting pres...

GCC: returning to form

18 October 2013, Published under Cement News

This year has marked a broad-based recovery in the construction markets of the Gulf Cooperation Council  (GCC) and the region appears to be returning to form, driven particularly by projects in Saudi Arabia and Qatar, as well as emerging signs of recovery in the UAE. A recent report by Global Investment House (GIH) states that the turnaround seen in 2012 is expected to maintain momentum as it sees consumption climbing from 4-5 per cent this year to 6-7 per cent next year due to se...

Fujairah sales fall in first-half 2013

15 August 2013, Published under Cement News

UAE-based producer Fujairah Cement Industries reported a net loss for the first six months of 2013 due to declining sales. The company registered a drop of AED3.6m (US$968,0000) for the period as its sales slipped by over six per cent to AED287.2m (US$78.2m), compared to AED307m (US$83.6m) in the same period last year. Fujairah Cement has a clinker capacity of 3.31Mta and operates a ThyssenKrupp Resource Technologies-built plant with two kiln lines.

Ras Al Khaimah for White Cement begins expansion project, UAE

09 July 2013, Published under Cement News

Sheikh Ahmed bin Humaid bin Mohammed Al Qasimi, Chairman of the Board of Directors of Ras Al Khaimah Company for White Cement and Construction Materials, has launched the expansion of its second major kiln line. According to Emirates News Agency, the project will cost AED65m and is in line with the efforts of HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, to create a strong industrial base in the Emirate of Ras Al Khaimah. The company, which was cre...

Emirates Cement Factory to supply Barakah nuclear power plant, UAE

04 July 2013, Published under Cement News

Emirates Cement Factory (ECF) has been certified by Korea Electric Power Corporation (KEPCO) and Hyundai Samsung Joint Venture (HSJV) to supply Q Class cement to the Barakah nuclear power plant Units 1 and 2, owned by Emirates Nuclear Energy Corporation, located in Abu Dhabi's western region. ECF, a fully owned subsidiary of Arkan Building Materials, upgraded its quality assurance, quality control and production procedures to meet the standard of ASME NQA-1-2008 and to qualify them as supp...

JK Cement aims to double capacity in 5-7 years

28 June 2013, Published under Cement News

JK Cement Ltd is undertaking several expansion projects to cement its position in the domestic as well as international markets.     The Kanpur-based Indian company is setting up a 0.6Mta white cement plant at Fujairah in the United Arab Emirates and plans to add 3Mta capacity at its existing facilities in India by September 2014.     According to its annual report for 2012-13 (Apr-Mar), JK Cement will also expand wall putty capacity by 0.2Mta at its Gotan plant in Rajasthan by Septembe...

First UAE clinker shipment delivered to Saudi Arabia

04 June 2013, Published under Cement News

Saudi 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...

VAS Template successfully implemented at Lafarge Emirates Cement

17 April 2013, Published under Cement News

Fritz & Macziol has reached another important milestone in the rollout of the logistics system VAS with the final acceptance at the Lafarge Emirates cement plant, UAE. The launch was realised in a short time using a template, which has been specially modified to Lafarge's processes. The cooperation between Lafarge and the Fritz & Macziol project team made a critical contribution to this fast implementation. "We were able to start the further optimisation process with the demonstrably test...

Sharjah Cement Factory signs MoU with Etihad Rail

21 November 2012, Published under Cement News

UAE’s Sharjah Cement Factory has signed a memorandum of understanding with Etihad Rail which will enable the cement producer to transport more than 5Mta of cement and raw materials, more than half the company’s current logistic requirements. The agreement will offer Sharjah a freight solution that will reduce transport costs and improve efficiency by allowing the use of a mode of transport that is safer and more environmentally-friendly than trucks. Ahmad Abdalla Al Noman, chairman of ...

UAE cement producers see improvements in 9M12 profits

01 November 2012, Published under Cement News

Two leading cement producers in the UAE have posted an improvement in profits for the first nine months of 2012 as construction activity on the local market shows signs of a revival. Arkan Building Materials said profits grew 76 per cent during the year to the end of September to AED41.5m (US$11.2m). The company’s improvement was attributed to a 38 per cent rise in sales which increased to AED295.1m during the year from AED213.5m in the same period of the previous year. Revenue at Arkan’s E...