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).
Saudi Arabia
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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.
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 redu...
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 compa...
Yamama Cement profit halves in 4Q17
Saudi Arabia’s Yamama Cement saw its net profits slide 51.3 per cent YoY in the 4Q17 to SAR16.9m (US$4.5m) from SAR34.8m.
Hail Cement sees drop in 2017 profit
Saudi Arabia’s Hail Cement reported a 84.4 per cent YoY fall in its net profit to SAR15.5m from SAR99.7m.
Qassim Cement sees 38% drop in profit
Saudi Arabia’s Qassim reported a 26.5 per cent YoY fall in sales to SAR626m in 2017 from SAR852m.
Riyad Capital: Outlook for Saudi Arabia in 2018
Riyad Capital will present its outlook for the Saudi Arabian cement industry in 2018 at Cemtech Middle East & Africa held between 17-20 February 2018 at the JW Marriott Marquis,...
Al Jouf Cement Company to export 72,000tpa to Jordan
Al Jouf Cement Company signed a sales and marketing contract with the Saudi Industrial Export Company (SIEC) on Sunday, according to a statement released on Tadawul. This follow...
Saudi Cement Group joins WCA
Saudi Cement Group has joined the World Cement Association. The cement producer, which is one of the largest in Saudi Arabia, commands a capacity of around 11.5Mta. In addition,...