Oman

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's production rises 14% in FY18

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...

Iranian province records export increase

Iran’s southern province of Hormozgan reported a 40 per cent increase in clinker and cement exports to 400,000t during the eight-month period between 21 March-21 November 2018, ...

Raysut Cement targets international expansion

This week Oman's Raysut Cement Co announced that it is planning to expand its portfolio by entering the Indian cement markets of Gujarat and Chhattisgarh, as well as targeting a...