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...
Oman
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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...
Celebrating industry excellence
Cemtech Middle East and Africa 2020 welcomed delegates from over 35 nations to the Grand Hyatt Dubai, UAE, on 16-19 February. The conference and exhibition offered a comprehensi...
Oman announces measures to ensure cement supply
Oman's Ministry of Commerce and Industry (MOCI) has announced measures to ensure there will be no shortage of cement in the market. "The Ministry will coordinate with Omani ceme...
Raysut Cement joins WCA
The World Cement Association has further expanded its international network of members by welcoming Raysut Cement Co (RCC) as a new Corporate Member. Founded in 1981, Raysut Cem...
GCC: a return of fortunes? Premium
The performance of the GCC cement sector improved significantly in 2019 when compared with the previous year as higher domestic consumption combined with increased export demand...
Oman Cement set to use waste tyres as fuel
Oman Cement has signed an agreement with Oman Environment Holding Co for the use of end-of-life tyres as an alternative fuel. The two parties will work together to develop an im...
Oman Cement sees net profit decline 45% in 2019
Oman Cement has recorded a 45.3 per cent fall in its net profit to OMR4m (US$10.4m) for 2019, compared to OMR7.3m in the previous year. Total revenue also declined four per cent...
Raysut Cement records surge in profit for 2019
Oman’s Raysut Cement Co has seen a 1156.9 per cent surge in profit to OMR4.3m (US$11.2m) in its unaudited results for 2019, compared to OMR343,652 in the previous year. However,...