Raysut Cement Co sees revenue fall 5% in 1H19
Oman’s Raysut Cement Co has announced its unaudited consolidated results for the first six months of 2019. The company has seen a 5.1 per cent YoY decline in revenue to OMR41.7m...
Oman
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Raysut Cement recycle bulk carrier
The Raysut II bulk cement carrier of Raysut Cement Co of Oman was re-floated and recycled recently, according to shipping industry sources. Resolve Marine Group completed the co...
Raysut Cement targets expansion outside Gulf region
Raysut Cement Co aims to build on its recent acquisition of Sohar Cement by expanding into Africa and India. Raysut Cement's Chief Executive, Joey Gosh, signalled that further e...
Raysut Cement reports 10% revenue increase in 1Q19
Oman’s Raysut Cement Co has released its unaudited consolidated financial results for the 1Q19, reporting a 9.8 per cent YoY increase in revenue to OMR23m (US$59.84m) from OMR20...
Oman eyes on boosting minerals explorations
The Government of Oman is planning to explore and enhance the production of minerals including raw materials for the cement industry. According to local media, Oman's mining aut...
Raysut Cement of Oman to acquire Sohar Cement
Raysut Cement Co SAOG has informed Muscat Securities Market (MSM) that it has signed a letter of intent (LoI) with the shareholders of Sohar Cement Factory LLC of Oman, with res...
Raysut Cement orders new clinker cooler for Salalah plant
Raysut Cement Co (RCC) has signed an agreement with Oman-based Ayoki Engineering LLC for the upgrade of the Line 3 clinker cooler at its Salalah plant.
Raysut Cement begins operation of new digital solutions
Oman’s Raysut Cement Co (RCC) has begun operation of its new SAP ERP suites after five months of implementation. The SAP S/4 HANA and SAP SuccessFactors suites will help boost e...
Raysut Cement records 27% revenue increase in 2018
Oman’s Raysut Cement Co has announced its unaudited consolidated results for 2018, recording a 26.6 per cent YoY rise in revenue to OMR90.98m (US$236.6m) from OMR71.9m last year...