Yamama Cement Co sees 32% decline in sales
Saudi Arabia’s Yamama Cement Co has posted a 31.6 per cent YoY decline in sales to SAR170.7m (US$45.52m) in the quarter ending 30 September, compared to SAR249.65m in the year-...
Saudi Arabia
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Saudi Arabian cement sales decline in September
The aggregate sales of 17 Saudi cement producers decreased by 11 per cent to 4.1Mt in September, from 4.6Mt in the same month last year, according to recent data issued by Yam...
Arabian Cement decides on court action over limestone dispute
Arabian Cement Co of Saudi Arabia has filed a lawsuit against Emaar the Economic City to claim the remaining quantities of limestone it should have received in accordance with...
Al Jouf Cement extends SAR40m cement supply contract
Al Jouf Cement Co extended has its cement supply agreement with Soliman bin Saleh Almohileb and his Sons Holding Co with a value of SAR40m (US$10.66m), according to a bourse fi...
Arabian Cement records 2Q21 revenue of SAR233m
Arabian Cement Co (ACC) registered a revenue for the 2Q21 of SAR233m (US$62m), a YoY increase of 66.9 per cent. The company achieved an 82.9 per cent YoY improvement i...
Umm Al-Qura Cement appoints new CEO
Saudi Arabia's Umm Al-Qura Cement Co has announced the appointment of Majid Tariq Salah Gharbawi as CEO, effective from 20 October. Mr Gharbawi has more than 17 years of ...
Al Jouf Cement sees profit advance 25% YoY
Al Jouf Cement has announced a 4.9 per cent YoY decline in revenue to SAR53.74m (US$14.34m) in the six months ended 30 June 2021, compared to SAR56.49m in the 1H20. However, ...
Saudi Cement buys 37% share of United Cement
Saudi Cement Co has acquired a 37 per cent stake in United Cement Industrial Co (UCIC) for SAR28m (US$330,426), as announced in Saudi Cement’s 2Q21 company report. Accord...
Qassim Cement announces 10,000tpd new line
Qassim Cement Co has announced a new 10,000tpd production line at its plant in Buraydah, Saudi Arabia, that will replace some of the current production lines. The project...
Saudi Cement sees 14% rise in profit
Saudi Cement Co has posted a 14.1 per cent YoY rise in net profit to SAR86.4m (US$23.04m) in the quarter ending 30 June 2021, compared to SAR75.7m in the year-ago period. Rev...