Raysut holds ground breaking ceremony for 1Mta Duqm grinding plant
Raysut Cement Co (RCC) has held a groundbreaking ceremony for the start of the construction of its new US$30m grinding unit in Duqm in Oman. The development of the 1Mta Duqm pla...
Oman
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New US$435m project set for Oman
Oman’s Duqm International Cement Projects Co is preparing to launch the country’s biggest integrated cement plant project with an investment of US$435m, according to the Oman Ne...
Raysut Cement reports 5% fall in revenue
Oman’s Raysut Cement has announced its unaudited results for the 9M20, reporting a five per cent YoY fall in revenue to OMR65.24m (US$169.67m) from OMR62.13m in the year-ago per...
Raysut Cement acquires 75% stake in Maldives terminal
Oman’s Raysut Cement Co has announced that its has acquired a 75 per cent stake in LafargeHolcim’s cement terminal at Thilafushi Island in the Maldives. As a result, it has form...
Oman Cement sees 9% decline in 1H20 profit
Oman Cement Co has reported an 8.7 per cent decline in net profit after tax to OMR2.1m (US$5.46m) for the first half of 2020, compared to OMR2.3m in the 1H19. However, the compa...
Raysut Cement targets east African expansion
Oman's Raysut Cement plans a five-fold increase in its cement production capacity, says Joey Ghose, Raysut Cement's CEO. The expansion would see Raysut Cement increase productio...
Oman Cement Co sees 27% fall in profit
Oman Cement Co has posted a 26.7 per cent fall in profit after tax to OMR1.1m (US$2.86m) for the first quarter of 2020, compared to OMR1.5m in the 1Q19. The company’s total sale...
Raysut Cement posts loss in 1Q20
Oman’s Raysut Cement has posted an OMR4m (US$10.4m) loss after tax in the first quarter of 2020, compared to an OMR242,951 profit in the corresponding period of last year, accor...
Al Sahawa Cement is set to invite tenders for 5000tpd plant
Al Sahawa Cement Co (ASCC), a subsidiary of Oman Cement Co, is reportedly planning to invite bids for two key tenders linked to the construction of its new US$212m integrated ce...
Oman enforces anti-dumping measures
Oman’s Ministry of Commerce and Industry has helped introduce screening measures at the country’s border to reduce cement dumping. The anti-dumping measures began in March but h...