Suez Cement awards WHRPG project to Korra Energi
Korra Energi has been awarded a new strategic, 'Waste Heat Recovery for Power Generation (WHRPG) project at Helwan Company ( Suez Cement Group), which is affiliated with Heidelb...
Middle East
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Court ruling favours Arabian Cement in Emaar Economic City case
Arabian Cement Co reports that it has received a Jeddah commercial court order in its favour, ordering Emaar The Economic City to supply to the company 4.57Mt of limestone based...
Al-Ahlia Cement launches tender for lime factory modernisation
Libya’s state Al-Ahlia Cement company ( National Cement Co Group ) is offering a tender to restart its lime factory in the Souq Al-Khamis complex. The company explained that the...
Southern Province Cement starts work on new Jazan plant
Southern Province Cement Co has started work on its new 5000tpd plant in Jazan, Saudi Arabia. The project is part of the company’s plans to boost its production capacity to 10,0...
Najran Cement secures SAR328.5m loan from Al Rajhi Bank
Saudi Arabia’s Najran Cement Co has obtained Sharia-compliant financing of SAR328.5m (US$87.6m) from Al Rajhi Bank. The loan will be repaid within seven years in semi-annual ins...
Algerian port exports record clinker levels in 4M22
The port company of Skikda in Algeria has exceeded its annual clinker export target set at 274,907t, by exporting more than 325,000t in the first four months of the year, accord...
Najran Cement reports 24% fall in revenue in 1Q22
Najran Cement Co has recorded a 61.41 per cent YoY decline in net profit in the opening quarter of 2022. Net profit after zakat and tax came in at SAR23.28m (US$6.21m) in the 1Q...
Yanbu Cement sees 17% fall in 1Q22 revenue
Yanbu Cement has reported a 17.4 per cent YoY decline in revenue to SAR242m (US$64.53m) in the opening quarter of 2022. However, this was still above the SAR224m estimated by Al...
Southern Province revenue down 25% in 1Q22
Saudi Arabia-based Southern Province Cement Co has posted a revenue of SAR330m (US$88m) for the first three months of 2022. This represents a 25 per cent drop when compared with...
Lafarge to face charges for paying Islamic state in Syria
A French appeals court has confirmed that the cement giant Lafarge must face charges of complicity in crimes against humanity over alleged payoffs to Islamic State group and oth...