Saudi Arabian cement sales fall in February
The aggregate sales of 17 Saudi Arabian cement producers fell 14 per cent to 4.3Mt in February, from 5Mt in the same month last year, according to recent data issued by Yamama...
Saudi Arabia
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Yanbu Cement profits drop 43% in 2021
Yanbu Cement saw its revenue slip to SAR934m (US$249.1m) in 2021 from SAR940m in 2020. As selling prices fell, net profit decreased 43 per cent to SAR160m in 2021 from SAR281...
Arabian and Najran Cement take drop in net profits
Arabian Cement Co posted revenues of SAR1003m (US$267.5m) in 2021, up 18.5 per cent YoY from SAR871.9m. However, the company saw its net profit after zakat and tax decline b...
Saudi cement sales fall 6% to 4.9Mt in January
The total sales of 17 Saudi cement producers fell per cent to 4.9Mt in January, compared to 5.2Mt in the same month last year, according to recent data issued by Yamama Cem...
Aggregate Saudi Arabian Cement sales fall 7% in December
The aggregate sales of 17 Saudi cement producers decreased by seven per cent to 4.8Mt in December 2021, from 5.2Mt in the same month last year, according to recent data issued...
Qassim Cement Co plans 30MW solar power plant
Saudi Arabia's Qassim Cement Co will mandate a consulting firm to help with the preparations for a 30MW solar plant at its site in Buraydah city. Qassim Cement produces abou...
Arabian Cement expects start Rabigh mills for 4Q22
While completion of the new cement mills at Arabian Cement Co’s Rabigh plant in Saudi Arabia has reached 99.5 per cent, the project’s contractor, CNBM, has not been able to ent...
Qassim Cement to establish new cement mill at Buraydah
Qassim Cement, Saudi Arabia, has entered into a preliminary agreement with the Chinese company, CDI, for the engineering, supply and construction of a new cement mill to be ins...
Umm Al-Qura Cement Company granted limestone exploration license
Umm Al-Qura Cement Company, Saudi Arabia, announced the issuance of an exploration license for limestone on 28 December 2021 from the Ministry of Industry and Mineral Resources...
Yamama Cement Co makes early loan repayments
Yamama Cement Co announced the early repayment of SAR130m (US$34.6m) worth of two loan installments to Saudi Industrial Development Fund (SIDF), according to a bourse filing. ...