Arabian Cement sees 88% profit fall in 2019
Arabian Cement Co posted a 87.5 per cent drop in net profit to EGP28.93m (US$1.85m) in 2019 when compared with the previous year, according to the company’s consolidated financi...
Arabian Cement Co
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Arabian Cement’s positive energy Premium
Following its response to Egypt’s 2014 energy crisis, Suez-based producer Arabian Cement Co (ACC) has become a pioneer in the field of industrial energy efficiency. Having made ...
Arabian Cement Co adjusts completion date for Rabigh plant
On the back of project delays, Arabian Cement Co announced earlier this year that its new grinding plant in Rabigh, Saudi Arabia, was due for completion in the 1Q20 with commerc...
Arabian Cement sees reduced profit in the 9M19
Egypt’s Arabian Cement Co has reported an 85 per cent YoY fall in profit to EGP32.9m (US$2.04m) in the first nine months of 2019, compared to EGP214.8m in the year-ago period. T...
Arabian Cement's Rabigh plant to begin operations in 2Q20
Construction work on Arabian Cement Co’s grinding plant in Rabigh, Saudi Arabia, is now 99.3 per cent complete. Full completion is due in the 1Q20 and commercial operations are ...
Arabian Cement Co signs petcoke supply deal
Egypt’s Arabian Cement Co has signed an agreement with Egyptian Refining Co, a subsidiary of Qalaa Holdings, for the supply of 272,155t of petcoke. "This agreement aligns with A...
Arabian Cement posts 24% revenue increase in 2018
Egypt-based Arabian Cement Co, a subsidiary of Spain’s Grupo Bertolin, posted a 23.6 per cent YoY increase in revenue to EUR168m in 2018. Meanwhile, net profit also advanced 7.4...
Arabian Cement records net loss in 2018
Arabian Cement has recorded a SAR26.2m (US$6.98m) loss for the full-year 2018 period, compared with a SAR262.7m net profit of the previous year. The Saudi producer has attribute...
Arabian Cement’s 20 by 2020
To diversify its fuel use and ensure stable plant operation, Arabian Cement Co introduced alternative fuels (AFs) on Line 2 at its plant in Suez, Egypt. Following its initial su...
Qassim Cement records fall in net profit for 1Q18
Saudi Arabia’s Qassim Cement Co has announced a 28.7 per cent YoY fall in net profit for the 1Q18, decreasing to SAR57.2m (US$15.25m) from SAR80.2m. Total sales of the company d...