Yanbu Cement completes modernisation project
Yanbu Cement Co has announced the completion of its Kiln Line 4 modernisation project following the recent shutdown. The reason for exceeding the previously announced end...
Saudi Arabia
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Saudi Cement sales fall to 4.7Mt in November
The aggregate sales of 17 Saudi cement producers decreased by five per cent to 4.7Mt in November, compared to 4.9Mt in the same month last year, according to Yamama Cement Co....
Tanga port receives large clinker consignment
Tanzania’s Tanga port has received a consignment of 50,000t of clinker from Saudi Arabia, which is reportedly on transit to Prime Cement in Rwanda. Tanga Regional Commission...
Middle East: diversification is key
Following years of conflict, the potential for cement demand in the Middle East is huge. Add to this the drive by governments to develop and expand various industries to reduce...
Qassim Cement sees sales down 27% YoY
Saudi Arabia’s Qassim Cement has reported a net profit of SAR60.4m (US$16.11m) in the third quarter of 2021, down 49.7 per cent YoY from SAR110.1m. Sales also decreased 26.5 ...
Tabuk Cement sees 11% decrease in profit
Saudi Arabia’s Tabuk Cement has posted a 10.5 per cent YoY fall in net profit to SAR8.48m (US$2.26m) in the third quarter of 2021, compared with SAR9.47m in the year-ago period...
Najran Cement sees 24% fall in profit
Saudi Arabia’s Najran Cement has posted a net profit of SAR36.1m (US$9.23m) in the third quarter of 2021, down 23.8 per cent YoY from SAR47.4m in the year-ago period. Sales a...
City Cement sees 26% fall in profit
Saudi Arabia's City Cement has posted a 25.6 per cent YoY decline in net profit to SAR38m (US$10.13m) in the quarter ending 30 September 2021, compared with SAR51.1m in the yea...
Umm Al Qura Cement's revenue down 35% YoY
Saudi Arabia’s Umm Al Qura Cement Co has posted a net profit after tax of SAR12.47m (US$3.33m) in the quarter ending September 2021, down 60.9 per cent YoY against SAR31.91m in...
Yanbu Cement Co sees revenue up 10% in 9M21
Saudi Arabia’s Yanbu Cement Co has reported a 55.8 per cent YoY decline in net profit to SAR36.4m (US$9.71m) in the third quarter of 2021, compared to SAR82.48m in the year-ago...