Egypt to cut cement manufacturing by 11%
Egypt's competition authority has approved a request by 23 cement manufacturers to temporarily reduce production to reduce output, setting a baseline cut at 10.69 per cent. ...
Middle East
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Sinoma Construction to supply 2000tpd white cement line for Biskria Cement
Sinoma Construction Algeria has signed a contract with Biskria Cement for a 2000tpd white cement project, including site installation and civil construction service contract. ...
Saudi Cement announces new board member
Saudi Cement Co has announced the resignation of board member Mohammad Sulaiman Balghonaim and the appointment of Mansour Mohammed Balghonaim as a member of the board to comple...
Iranian cement market expands 28% MoM in May
Iranian cement consumption in May 2021 reached 5.78Mt. This represents a 28.4 per cent MoM increase from 4.5Mt in April 2021. In addition to domestic deliveries, producers ex...
Southern Province Cement announces new 10,000tpd line
Saudi Arabia’s Southern Province Cement has announced a new 10,000tpd production line at its Jizan cement plant in the south of the country. The project will replace the plan...
Iran's largest cement line inaugurated
Iran’s largest cement line at Abyek Cement Complex was put into operation on Tuesday, according to the Tehran Times. Speaking at the inauguration ceremony, Alireza Razm Hosse...
Iranian cement demand declines 24% YoY in April
Iran’s cement market contracted by 24 per cent YoY to 4.5Mt in April 2021, according to the Iranian Cement Association. In April 2020 the country’s demand reached 5.91Mt. Ex...
Egypt's government set to put the brakes on cement production
The Egyptian government has decided to take direct action to curb the excess production in the country's cement sector. In an attempt to ease the flow of cement, the government...
Arabian Cement sees 49% surge in profit
Saudi Arabia’s Arabian Cement Co has seen a 48.5 per cent YoY surge in net profit to SAR67m (US$17.87m) in the first quarter of 2021, up from SAR45.1m in the 1Q20. Sales incr...
Saudi Arabian producers report 15% decline in net profit
Saudi Arabian producers listed in the main market saw an estimated 15 per cent decline in total net profits to SAR892.5m (US$237.9m) in the first quarter of 2021, compared to a...