Najran Cement subsidiary secures SAR85m loan
Najran Cement ’s transportation subsidiary obtained a long-term Shariah-compliant credit facility, at a value of SAR85m (US$22.7m), from Al Rajhi Bank. In a statement to Tadawul...
Middle East
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CEMEX extends VeryNile plastic waste initiative
The CEMEX and VeryNile initiative have expanded the scope of the partnership to reach the CEMEX Egypt's hometown of Assiut. This comes after the success achieved by their partne...
Arabian Cement posts 12% rise in profits in 2022
Saudi-Arabia-based Arabian Cement has reported net profits after zakat and tax of SAR181m (US$48.3m) in 2022, representing a YoY increase of 12.1 per cent from SAR161.5m. The co...
Yamama Cement to exceed 30,000tpd clinker production
Saudi Arabia-based Yamama Cement Company expects its clinker production to exceed 30,000tpd following the launch of commercial operations at its new factory and relocation of it...
Fives Pillard reduces CO2 emissions for Middle East cement plant
Fives Pillard has converted two existing hot gas generator burners operating with coal to natural gas. The modified burners existing can now add natural gas to the fuel mix whil...
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...
Going Green in Dubai Premium
Green Cement Factory LLC (GCF), a subsidiary of Hong Kong-based Shun Shing Group, commenced commercial operations of its greenfield slag grinding plant in March 2021. The new 1M...
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...
Carbon Re and A³&Co join forces to decarbonise cement
Climate technology company, Carbon Re is joining forces with A3& Co ® , a cement manufacturing consulting company, to accelerate the decarbonisation of the cement industry. The ...
UltraTech Cement to acquire majority share in Duqm Cement Project
UltraTech Cement Middle East Investments Ltd, (UCMEIL) a wholly owned subsidiary of the company in UAE, has released a statement signifying that it has entered into a share sale...