City Cement revenue falls 13% YoY in 2Q23
Saudi Arabia’s City Cement has posted revenue of SAR77.8m in the second quarter of 2023, down 13 per cent YoY. Net income over the same period fell 2.2 per cent to SAR24.3m, ...
Middle East
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Al Jouf Cement reports 41% YoY increase in revenue
Al Jouf Cement has reported revenue of SAR138.23m in the first half of 2023, marking a 40.6 per cent increase compared to the same period a year earlier. Net profit over the ...
Lafarge Jordan launches Shamel eco cement
Holcim Ltd subsidiary Lafarge Jordan Cement has introduced Shamel, an environmentally friendly cement as part of the company’s sustainability drive. In a statement, Lafar...
Attock Cement Pakistan Ltd completes share sales in Iraqi subsidiary
The Company Secretary at Attock Cement Pakistan Ltd, Irfan Amanullah, has informed the Pakistan Stock Exchange (PSX) that further to the company’s intimation dated 21 June 20...
Qena Cement undergoes assessment for alternative fuel project
As part of Misr Cement Group’s commitment to its strategy to "positively impact on the environment”, the Qena cement plant has submitted an environmental impact assessment...
Iran’s cement market contracts 18% in June 2023
Cement demand in Iran has declined by 17.6 per cent YoY to 4.78Mt in June 2023 when compared with June 2022, according to the Iranian Cement Association. Cement exports saw a ...
Fujairah plant orders WHR system from Turboden
Turboden SpA, a Mitsubishi Heavy Industries Group company, together with ENGIE Solutions GCC, has been selected by LEC for the production and installation of a 10MWe WHR organ...
Oman Cement Co sees net profits rise 32% in 1H23
Oman Cement Co , which is listed on the Muscat Stock Exchange, has achieved a 32.02 per cent increase in net profit for the first half of 2023. According Oman Cement’s fina...
Egypt's cement exports rise 33% in 5M23
Egypt’s cement exports climbed by 33 per cent during the first five months of 2023, according to a recent report by the Export Council for Building Materials, Refractory, and M...
Sinoma to build cement plant in Iraq
Sama Samawa Industries Commissioner revealed an agreement with Sinoma to establish a cement factory in Muthanna Governorate, southern Iraq. While stating that the production wi...