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...
Oman
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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.
Oman Cement seeks Brazilian investors for new plant
Oman Cement Co (OCC) visited Brazil to seek partners for a new cement plant in Duqm, an industrial and port free trade zone in Oman. The company’s Chairman, Abdullah Abbas Ahmed...
Raysut shareholders agree to sell Oman Portuguese Cement Products
Raysut Cement shareholders have approved a proposal to sell Oman Portuguese Cement Products Co to Opal Development.
Raysut to hold EGM on Oman Portuguese Cement Products sale
Raysut Cement has invited its shareholders to attend an extraordinary general meeting (EGM) to discuss and approve the sale of Raysut Cement’s entire share in Oman Portuguese Ce...