Yanbu Cement begin cement and clinker exports
Yanbu Cement Co has signed a one-year agreement to export 1Mt of clinker and 0.5Mt of cement as of April 2018. The company added that the deal is expected to boost company's re...
Saudi Arabia
799 posts · Page 44 of 80
Yanbu Cement reports 39% fall in profit for 2017
Saudi Arabia’s Yanbu Cement has reported a 39.4 per cent YoY decrease in profit for the full-year 2017 period, falling to SAR319m (US$85.07m) from SAR526m. The company has a...
New 6000tpd Saudi cement plant for Al Baha Cement
Saudi Arabia’s Al Baha Cement Co plans to built a new cement plant with a capacity of 6000tpd of sulphate-resisting Portland cement as well as the potential to produce white an...
Saudi Cement companies await upturn on 2Q18 export sales
Saudi cement companies' sales in February fell 11 per cent 3.63Mt compared to sales of 4.09Mt in February 2017. However, analysts are confident that 2Q18 sales will increase on...
Will Saudi Arabian producers turn to exports?
The full removal of export tariffs on cement, effective 1 February 2018, signals an important change for Saudi Arabian cement producers. While the Ministry of Commerce lifted S...
Arabian Cement posts SAR97m profits in 4Q17
Arabian Cement reported a 276YoY surge in net profits of SAR97m (US$25.9m) in 4Q17, compared to SAR25.8m in 4Q16, according to a statement to the Saudi Stock Exchange. However,...
City Cement profit fall 57% in 2017
Saudi-Arabia-based City Cement reported a 56.9 per cent YoY drop in net profits for 2017 to SAR93.3m (US$24.9m). In 2016 net profits reached SAR216.3m, but a 48 per cent fal...
Al Jouf Cement renews export licence for a year
Saudi Arabia’s Al Jouf Cement has renewed its export licence for a year with the new authorisation ending February 2019. The Saudi cement producer received the licence on 15 ...
Najran Cement announces financial impact of line closure
Saudi Arabia’s Najran Cement has halted production at a 6500tpd clinker line and resumed production at its 3000tpd second line. The second line was temporarily shut down to red...
Hail Cement and Wärtsilä renew agreement
Hail Cement Co and Wärtsilä have renewed their co-operation for a further three years. Wärtsilä will continue to ensure the operational reliability and availability of the comp...