Lafarge Cement fined US$778m for ISIS payments
Lafarge Cement has agreed to plead guilty and pay a fine of US$777.8m for payments it made to terror organisation ISIS to keep operating a cement plant in Syria. The payments to...
Middle East
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Yamama Cement sees 49% jump in revenue in 3Q22
Saudi Arabia's Yamama Cement has reported a 23.6 per cent advance in revenue to SAR684.2m (US$182.5m) in the first nine months of 2022. This compares to SAR553.5m in the same pe...
UAE climate change ministry signs AF deal with cement companies
The UAE Ministry of Climate Change and Environment and Emirates RDF have signed Memoranda of Understanding (MoUs) with four cement companies – Fujairah Cement Industries , JSW C...
WCA annual conference prompts MENA region to decarbonise
The fifth World Cement Association (WCA) annual conference took place between the 25-28 September in Dubai, UAE, allowing industry leaders and stakeholders to have an open discu...
Mill breakdown at Umm Al-Qura Cement
Umm Al-Qura Cement reported a breakdown of its cement mill No 1 on 9 August, which led to a mill stoppage and a reduction in cement sold by 1161tpd, according to a bourse statem...
Iran’s cement market expands 17% in August
Iranian cement demand increased 16.6 per cent to 4.98Mt in August 2022 from 4.27Mt in August 2021, according to the Iranian Cement Association. Domestic cement output picked up ...
Oman Cement commissions WTE plant
As part of efforts to reduce its reliance on natural gas, Oman Cement plans to commission a waste-to-energy (WTE) plant, using shredded scrap tyres. The plant is expected to be ...
Qassim Cement signs MoU for proposed acquisition of Hail Cement
Qassim Cement Co (QCC) signed a non-binding memorandum of understanding (MoU) with Hail Cement Co (HCC) to commence discussions for QCC to acquire all issued shares of HCC. In a...
QNCC and Gord sign MoU on low-carbon products
The Qatar National Cement Company (QNCC) and Gulf Organisation for Research & Development (Gord) have signed a Memorandum of Understanding (MoU) pledging to improve efforts at p...
August cement sales up 10% YoY in Saudi Arabia
Cement sales in Saudi Arabia advanced by 10 per cent YoY in August 2022, according to a report by brokerage house Aljazira Capital. Sales last month reached 4.38Mt marking a 19....