Saudi Arabia

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Kiln to close at Saudi Arabian Cement Co

Kiln to close at Saudi Arabian Cement Co

Saudi cement producer and trader Al Jouf Cement said in a bourse filing it will shut down its production Kiln line 6 for scheduled maintenance from 21 December until 7 January....

Saudi November sales drop 17%

Saudi November sales drop 17%

Saudi cement sales fell 17 per cent in November 2013 to 3.65Mt compared to 4.37Mt in the same period in 2012. All companies reported a decline in sales with the exception of...

China National Building Materials (CNBM)

China National Building Materials (CNBM) has reported a 37 per cent rise in revenue in 9M13. Total operating revenue stands at US$13.4bn, compared to US$9.8bn in the same perio...

Saudi October sales rise by 2%

Saudi October sales rise by 2%

Saudi cement sales rose by two per cent during October 2013 to 4.91Mt compared with 4.13Mt in the same period a year ago. Production for the month reached 4.24Mt compared to ...

GCC: returning to form

GCC: returning to form

This year has marked a broad-based recovery in the construction markets of the Gulf Cooperation Council  (GCC) and the region appears to be returning to form, driven particu...

Saudi Cement receives funding for expansion

Saudi Cement receives funding for expansion

Saudi cement producer Tabuk Cement Company yesterday signed an agreement with local Bank Albilad for Islamic financing worth SAR500m (US$133.3m) In a statement to the bourse,...