Hail Cement sees net income tumble 113% in 9M22
Hail Cement has posted revenue of SAR268.22m (US$71.5m) in the opening nine months of 2022, up 31.6 per cent compared to the SAR203.88m seen in the 9M21. However, net income ...
Middle East
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National Cement Factory to import clinker
National Cement Factory LLC (NCF), UAE, will import 600,000t of OPC clinker divided into equal monthly quantities of 50,000t (with ±10 per cent margin), starting from 1 Decem...
Arabian Cement revenue up 8% in 3Q22
Arabian Cement has recorded an eight per cent increase in revenue to SAR241m (US$64.2m) in the third quarter of 2022, compared to the same period a year earlier. Profit over ...
Yanbu Cement posts 4% rise in profit in 9M22
Saudi Arabia-based Yanbu Cement Co has announced net profit after zakat and tax of SAR156.24m (US$41.6m) in the opening nine months of 2022, up 4.38 per cent on the SAR149.69m...
Iranian cement market notes 1% growth
Iran’s cement consumption saw a 1.2 per cent uptick YoY to 5.79Mt in September 2022 from 5.72Mt, according to the Iranian Cement Association. Cement production reached 5.92Mt...
Al Jouf posts 74% fall in profit in 9M22
Saudi Arabia's Al Jouf Cement Company has reported a 35.1 per cent YoY increase in revenue in the third quarter of 2022. Revenue advanced from SAR54.9m in the 3Q21 to SAR74.1...
Eastern Province Cement sees revenue fall 11% YoY in 9M22
Saudi Arabia’s Eastern Province Cement Co (EPCCO) has posted revenue of SAR531m (US$141.6m) in the first nine months of 2022, down 11.3 per cent on the SAR598.5m seen in the ...
GCC market to expand at a CAGR of 6% in 2022-32
The Gulf Corporation Council (GCC) cement market is predicted to grow at a CAGR of six per cent between 2022 and 2032, according to a report by Future Market Insights. Demand f...
Asian Paints enters JV for new white cement plant
Asian Paints is joining forces with Riddhi Siddhi Crusher & Land Transport, based in Fujairah, and Associated Soap Stone Distributing Co Pvt Ltd (ASSD) to set up a white cement...
Cemtech Middle East & Africa 2023
Cemtech Middle East & Africa 2023 conference and exhibition will take place at the Grand Hyatt Dubai on 12-15 February 2023. Manufacturing Excellence | Circular Econ...