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 Du...
Raysut Cement
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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 pe...
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, acco...
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 ...
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 C...
Raysut Cement plans to acquire 75% stake in LafargeHolcim Maldives
Oman’s Raysut Cement Co has reportedly begun discussions to acquire a 75 per cent stake in LafargeHolcim Maldives. The board has approved the move in principle and the compan...
Raysut Cement targets expansion outside Gulf region
Raysut Cement Co aims to build on its recent acquisition of Sohar Cement by expanding into Africa and India. Raysut Cement's Chief Executive, Joey Gosh, signalled that further ...
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 re...
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 ...
Pioneer Cement to begin RDF usage
UAE-based Pioneer Cement, a subsidiary of Raysut Cement, has signed an agreement with Emirates RDF that will lead to the use of fuel derived from household waste in its product...