Raysut Cement reports loss of cement carrier
Raysut Cement Company has announced total loss of its Raysut II cement carrier in the wake of Cyclone Mekunu on 25 May. The vessel is owned by Raybulk Navigation Inc, a subsidia...
Oman
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Raysut Cement 1H18 profit falls
Raysut Cement Co reported a 14.4 per cent increase in revenues in the first half of 2018. Revenues advanced to OMR42.8m (US$111.3m) from OMR37.4m in 1H17. However, the Omani cem...
Oman government plans mineral railway network
The government of Oman is planning a mineral railway network for the transportation of raw material for the domestic cement industry and for export. According to media, Oman Rai...
Raysut Cement suspends production after Cyclone Mekuna damage
Raysut Cement will shut down production in Oman for up to 10 days after the Tropical Cyclone Mekuna hit the company's Salalah factory on 25 May. Heavy rain and strong winds caus...
Raysut Cement records 8% increase in revenue
Oman’s Raysut Cement Co has announced a 8.2 per cent YoY increase in revenue for the first quarter of the financial year, to OMR21m (US$54.62m) from OMR19.4m. However, total pro...
Raysut Cement opens new packing line
Oman's Raysut Cement Co recently inaugurated a new packing line, installed by a leading European equipment manufacturer.
Raysut Cement to look at 1Mta plant in Georgia
Oman’s Raysut Cement Co is planning to carry out an initial study for a 1Mta plant in Georgia, according to Muscat Daily. The company’s subsidiary, Pioneer Cement Industries Geo...
Raysut Cement reports negative results for 2017
Oman-based Raysut Cement Company has reported negative sales revenue and net earnings results due to competition from UAE producers and ongoing socio-economic disturbances in Ye...
Raysut reports 67% profit after tax fall
Raysut Cement Co of Oman has reported a 22.4 per cent drop in initial unaudited consolidated revenues in 2017 to OMR71.895m from OMR92.588 in 2016.
Joey Ghose new CEO of Raysut Cement
Oman’s Raysut Cement Co has appointed Joey Ghose as new CEO of the company, effective 2017, reports the company in a filing to the Muscat Securities Market.