Iranian cement consumption up 34% MoM in September
The Iranian cement market expanded 34 per cent to 5.72Mt in September 2021 when compared with August 2021, when demand reached 4.27Mt, according to the Iranian cement associati...
Middle East
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Yanbu Cement Co sees revenue up 10% in 9M21
Saudi Arabia’s Yanbu Cement Co has reported a 55.8 per cent YoY decline in net profit to SAR36.4m (US$9.71m) in the third quarter of 2021, compared to SAR82.48m in the year-ago...
Gasin Cement’s road to RDF
Faruk Investment Group (FIG) has recently launched a mechanical biological treatment facility in the city of Sulaymaniyah, northern Iraq. The project aims to tackle the issue o...
Yamama Cement Co sees 32% decline in sales
Saudi Arabia’s Yamama Cement Co has posted a 31.6 per cent YoY decline in sales to SAR170.7m (US$45.52m) in the quarter ending 30 September, compared to SAR249.65m in the year-...
Oman Cement reports flat net profit in 9M21
Oman Cement has posted a net profit after tax of OMR2.8m (US$7.28m) in the first nine months of the year, which is flat compared to OMR2.8m seen in the year-ago period. Total ...
Cemex seeks to offset inflationary pressures with price hikes
Fernando A Gonzalez, CEO, opened yesterday's Cemex Day - Part II event with a look at some of the surprises of the last year. Not only has Cemex seen a 'V-shaped' recovery sinc...
Saudi Arabian cement sales decline in September
The aggregate sales of 17 Saudi cement producers decreased by 11 per cent to 4.1Mt in September, from 4.6Mt in the same month last year, according to recent data issued by Yam...
Iranian cement demand expands 7% MoM in August
Iran’s cement consumption reached 4.27Mt in August 2021, according to the Iranian cement association. This represents a 6.8 per cent uptick when compared with July 2021. Ceme...
Has Egypt's cement sector turned the corner?
Egypt's cement sector has been battling against the economic tide for a considerable time as overcapacity, the end of energy subsidies and low cement demand has pushed some pro...
Arabian Cement decides on court action over limestone dispute
Arabian Cement Co of Saudi Arabia has filed a lawsuit against Emaar the Economic City to claim the remaining quantities of limestone it should have received in accordance with...