Southern Province Cement Co releases its 2023 financial results
Southern Province Cement Co , based in Saudi Arabia, has announced its financial results for the period ended 31 December 2023. The company recorded a drop in revenues of 12.4 p...
Saudi Arabia
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Eastern Province Cement net profit up 39%
Saudi Arabia-based Eastern Province Cement Co reported a 38.5 per cent advance in net profit to SAR198m (US$52.8m) in 2023 when compared with SAR143m in 2022. The company’s sale...
City Cement predicts 8% cost increase
City Cement has said that its total costs are expected to advance by eight per cent following the increase in the price of fuel products used in cement products that was announc...
KREISEL to supply Saudi Arabian project
A leading Chinese EPC provider has ordered KREISEL to supply three high-pressure rotary valves size 700x700 with Ultra-Carbide®-protection for a cement producer in Saudi Arabia....
SpectraFlow Analytics completes Airslide analyser installation
SpectraFlow Analytics Ltd has successfully installed an Airslide analyser at Riyadh Cement in Saudi Arabia. After successfully installing six Crossbelt analysers, this represent...
Arabian Cement to penalise CNBM on Rabigh project
Arabian Cement Co has confirmed that it will impose a delay damage penalty of five per cent on CNBM International Engineering Co for the Saudi cement producer’s new mills at its...
City Cement Co reports a fall in sales quantity during 2023
City Cement Co of Saudi Arabia has recently uploaded its annual financial results for the period ending on 31 December 2023 at the Saudi Exchange. During this period, the compan...
Qassim Cement Co is to acquire all of Hail Cement Co's shares
Two cement producers in Saudi Arabia are in the amalgamation process and have informed their intention with limited details to the local bourse. According to a notification of b...
Prospects for the GCC industry Premium
The Gulf Cooperation Council (GCC) economy has come under pressure from falling oil revenues, but economic diversification is paying off. Moving into 2024, cement market growth ...
Saudi cement exports down 18% YoY in January
Saudi Arabia reported a 17.8 per cent YoY decline in its cement exports in January 2024 with volumes falling from 638,000t in January 2023 to 524,000t in the same period a year ...