Fuel restrictions impact Iranian cement industry
Iran’s cement industry faces deepening energy challenges as fuel restrictions impact production, according to the Secretary of the Cement Industry Employers’ Association (CIEA)...
Middle East
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Al Jouf Cements invests in solar power plant
Al Jouf Cement Co is investing in a 22MWp solar photovoltaic (PV) plant. Engie, located in the south of Turaif Governorate, will supply the equipment and will manage all as...
Domestic cement demand continues to decline in Iran
Iranian domestic cement sales contracted 2.5 per cent YoY to 5.919Mt in October, down from 6.070Mt a year earlier, according to the Iranian cement association. Contrastin...
ICG launches fourth cement plant in Kazakhstan
Singapore’s Mainboard-listed International Cement Group (ICG) has inaugurated its fourth integrated cement plant, Korcem, in Kazakhstan’s Jambyl Region. The US$153m facility,...
Sinai Cement returns 9M profit
Egypt-based Sinai Cement Co , part of Vicat Group , reported net sales of EGP4.44bn (USS$90.19m) in the January-September 2024 period from EGP3.225bn in the year-ago period. ...
Riyadh Cement Co significantly improves 3Q results
Riyadh Cement Co reported sales of SAR203.01m (US$54.1m), up 59.7 per cent YoY, in the third quarter of 2024 (ended 30 September 2024). In the 3Q23 the company saw sales of S...
Raysut Cement expands production capacity to align with Oman Vision 2040
Raysut Cement is expanding its production capacity to support Oman Vision 2040 and meet increasing regional demands. The Sohar Cement Factory, capable of producing 5000tpd,...
Saudi Cement Co reports robust performance in 3Q24
Saudi Cement Co reported sales revenue of SAR387.1m in the third quarter of 2024, up 22.9 per cent YoY from SAR315m. The company has attributed the improved revenue to increase...
Najran Cement reports improved financial results
Najran Cement (Saudi Arabia) has reported a significant improvement in its financial performance for the 3Q24, reflecting a rise in sales and profitability compared to both t...
Tabuk Cement reports boost in financial performance
Tabuk Cement Co (Saudi Arabia) reported a significant boost in its financial performance for the 3Q24, with notable increases in sales, profits and total comprehensive income...