Kuwait Portland Cement reports sharp decline in 1Q26 profit
Kuwait Portland Cement Co reported 1Q26 net profit attributable to shareholders of KWD113,713 (US$370,000), as lower investment gains weighed on earnings. The company recorded t...
Kuwait
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GCC’s vision for cement Premium
Saudi Arabia’s Vision 2030 continues to set the pace for cement demand in the Gulf Cooperation Council (GCC) region. There are positive signs for the UAE’s recovery and a moveme...
Bruks Siwertell supplies ship unloader to Kuwait Portland Cement Co
Bruks Siwertell has recently completed the commissioning of an ST 490-M Siwertell ship unloader for returning customer, Kuwait Portland Cement Co. It was installed on a jetty in...
Kuwait Cement reports a 59% fall in quarterly profit
Kuwait Cement Co KSC has reported a 59.3 per cent drop in quarterly net profit from KWD2.7m (US$8.8m) to KWD1.1m between January 1 to 31 March 2024. The company's quarterly oper...
Kuwait Cement Co invests in RDF plant
In collaboration with the Kuwait Finance Ministry, the Kuwait Cement Co (KCC) has signed a 20-year agreement for the establishment of a refuse-derived fuel (RDF) plant at a wast...
Prospects for the GCC industry Premium
The Gulf Cooperation Council (GCC) economy has come under pressure from falling oil revenues, but economic diversification is paying off. Moving into 2024, cement market growth ...
Kuwait cement factory has fire quickly contained
Kuwait Fire Force (KFF) says six teams were able to put out a fire that broke out in a cement and manufacturing paint factory in Shuaiba Industrial area, Kuwait. A report was re...
GCC cement: set for a revival? Premium
With oil prices expected to remain elevated, GCC governments are easing their budgets and restarting construction projects. For cement producers this is good news and the sector...
RAK White Cement reports drop in profit
Ras Al Khaimah Co for White Cement and Construction Materials (RAK White Cement) posted net profits of AED21.08m (US$5.74m) in 2022, a 35.9 per cent decline from AED32.87m in 20...
Kuwait Portland Cement 3Q profit stable
Kuwait Portland Cement posted a 3Q total operating revenue of KWD32.7m (US$106.2m) in 3Q22, up from KWD27.6m in the equivalent period of 2021. The company’s net profit attributa...