Saudi producers warn of rising production costs
Cement producers in Saudi Arabia have received a notification from Saudi Arabian Oil Co (Saudi Aramco) that the price of fuel products used in cement production will be increasi...
Al-Jouf Cement
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Al Jouf Cement Co's profit balloons 836.43% YoY in 9M23
Al Jouf Cement Co announced the initial consolidated financial results for the period ending 30 September 2023 on the Saudi Stock Exchange. The company saw its net income surge ...
Saudi cement companies fined for price manipulation
Saudi Arabia’s General Authority for Competition (GAC) has fined 14 cement companies a total of SAR140m (US$37.33m) for price manipulation activities. Each company has been foun...
Saudi Cement companies await upturn on 2Q18 export sales
Saudi cement companies' sales in February fell 11 per cent 3.63Mt compared to sales of 4.09Mt in February 2017. However, analysts are confident that 2Q18 sales will increase on ...
Adequate fuel supply needed to meet Saudi cement demand
With massive investments being pumped into the infrastructure space, the outlook for the Saudi cement sector looks bright. Cement companies have benefitted largely from cheap ra...