Qassim Cement to export 120,000t of cement to Kuwait
Saudi Arabia’s Qassim Cement Co has signed an agreement with Kuwait-based Al-Arada Building Materials Co to export 120,000t of cement. While no value for the deal has been relea...
Kuwait
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Kuwait Cement starts oil well cement production
Kuwait Cement Co (KCC) has started marketing oil well cement and made its first delivery on 13 March 2019 to National Petroleum Services Company (NAPESCO). KCC is the first ceme...
Cemengal wins second grinding station order with ACICO Cement
Cemengal has been awarded with a new contract for the supply of a second cement grinding station to ACICO Cement consisting of a complete cement mill workshop. The main equipmen...
Kuwait Portland Cement reports KWD7.8m in 9M profit
Kuwait Portland Cement has posted a net profit of KWD2.4m (US$7.9m) in 3Q18, down 23.1 per cent when compared with KWD3.12 in 3Q17, according to a company statement on the Kuwai...
Kuwait Cement FY17 profit falls 12%
Kuwait Cement saw a YoY increase of 15.4 per cent in profits to KWD4.94m (US$16.5m) in 4Q17 from KWD4.28m in 4Q16, according to a stock exchange statement.
Iraq plans sell off of damaged cement factories
Iraqi Minister of Industry, Mohammad Sudani, has announced plans to sell off destroyed or damaged cement factories and oil refineries in northern Iraq that were caught up in the...
Iran exports 7.1Mt of cement in 7FY17-18
Iran has exported cement to the value US$233m in the first seven months of the current financial year (started 20 March 2017). In terms of volumes, 7.1Mt of cement were exported...
Kuwait Portland Cement chairman buys 1.46m shares
The chairman of Kuwait Portland Cement, Khaled Al Sager, has purchased 1.46m of the company’s shares on Wednesday, 6 September.
Kuwait Cement sees decline in quarterly profit
Kuwait Cement reported a decline of 37.1 per cent in profits to KWD4.38m (US$14.48m) in the second quarter this year compared to KWD6.96m (US$23.01m) in the same quarter a year ...
Kuwait Cement FY16 profit up to KWD19.5m
Kuwait Cement reported a modest increase of its full-year profit from KWD19.3m (US$63.2m) in FY15 to KWD19.5m in FY16. The company’s total operating revenue advanced from KWD92....