Menzel Elektromotoren completes Middle East motor order
Menzel Elektromotoren has built two bespoke slip ring motors to drive the mills in a cement plant in the Middle East. The order required replicas of the original motors to be s...
Middle East
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City Cement sees 31% rise in profit
Saudi Arabia’s City Cement has posted a net profit after tax of SAR49.7m (US$13.25m) in the second quarter of the year, up 30.8 per cent YoY on SAR38m in the year-ago period. ...
Umm Al Qura Cement sees 17% decline in profit
Saudi Arabia’s Umm Al Qura Cement has seen a 16.8 per cent decline in net profit to SAR49.45m (US$13.19m) in the first half of 2021, compared to SAR59.48m in the year-ago perio...
Yamama Cement achieved a net profit of SAR132.6m in 1H21
Saudi Arabia-based Yamama Cement recorded a net profit after zakat and tax of SAR132.6m (US$35.3m) in the 1H21, a 24 per cent fall from SAR174.8m in the same period a year ago...
Iranian cement demand reaches 5.78Mt in June 2021
The Iranian cement market consumed 5.78Mt of cement in June 2021, remaining level with the 5.78Mt reported in May. This demand was entirely met by local cement production, wh...
Yanbu Cement posts 23% rise in revenue
Saudi Arabia’s Yanbu Cement Co has reported a 11.1 per cent YoY fall in net profit to SAR115.23m (US$30.73m) in the first half of 2021, compared to SAR129.56m in the year-ago p...
Vicat confident cement business in Egypt will improve
Vicat has been operating in the Egyptian market for the past 17 years, since its acquisition of the Sinai Cement Co in 2003 and it will keep investing in the country even duri...
Oman Cement posts 5% decline in net profit
Oman Cement has posted a 4.8 per cent decline in net profit to OMR2m (US$5.2m) in the first half of 2021, compared to OMR2.1m in the year-ago period. Total revenue fell 9.1 p...
Raysut Cement sees net loss contract in 1H21
Oman’s Raysut Cement Co has seen its net loss after tax contract to OMR3.2m (US$8.3m) in the first half of 2021, compared to OMR10.9m in the same period of last year. Total re...
Redecam completed Sokhna cement baghouse project
A new Redecam Group Sp A turnkey project has been successfully started up on Line 2 at LafargeHolcim’s Sokhna cement plant, Egypt. Redecam Egypt converted the main kil...