Iranian cement exports rise 12% in under two years
The head of Iran’s Cement Industry Producers Association, Ali-Akbar Alvandian, said on Saturday that the country had exported 10.5Mt of cement in the first nine months of the I...
Middle East
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Decarb in Dubai
Cemtech’s annual meeting for the Middle East & Africa saw the regional industry gather once again in Dubai at the stunning Sofitel Dubai The Obelisk on 18-21 February 2024. Th...
Strong growth in Iran cement despite risks
Iranian cement consumption rose 15.2 per cent YoY in February 2024 to 4.93Mt, up from 4.28Mt, according to the Iranian cement association. Producers manufactured 5.13Mt of ceme...
City and Umm Al-Qura Cement agree to date extension of swap deal
City Cement Co last week announced an update at the Saudi Stock Exchange (Tadawul) regarding extending a non-binding Memorandum of Understanding (MoU) concerning a securities...
Fujairah Cement reports sales drop in 2023
UAE-based Fujairah Cement Industries has reported sales of AED343.81m (US$93.62m) in 2023. This marks a contraction from the AED374.58m seen in the previous year. The comp...
Al Jouf Cement records 20% revenue advance
Al Jouf Cement has reported revenue of SAR301.49m (US$80.4m) in 2023, up 19.7 per cent on the previous year. According to the company, the increase is due to improved sales v...
Northern Region Cement reports 50% drop in net profit in 2023
Saudi Arabia-based Northern Region Cement Co saw a 11.6 per cent increase in revenue to SAR689.55m in 2023 from SAR617.95m in 2022. However, net profits were down by 49.9 per...
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 quarter...
Syrian Hama plant restores Plant No 3 to working order
General Company for Cement and Building Materials in Hama province, Syria, has restored Plant No 3 to operational status, after the completion of comprehensive maintenance of...
Riyadh Cement reports 8% uptick in sales
Saudi Arabia-based cement producer Riyadh Cement Co reported a 7.6 per cent increase in sales to SAR643.4m (US$171.6m) in 2023 when compared with SAR598m in 2022 on the back ...