Hail Cement secures license to exploit raw materials, Saudi Arabia
Saudi Arabia's Hail Cement Co said Tuesday it has secured a license from the Ministry of Petroleum and Mineral Resources to exploit raw limestone and clay in the Green Well area.
Saudi Arabia
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GCC cement sector profits increase – report
GCC cement sector profits increased 21.2 per cent in 1Q12 and net profits increased from US$359.5m in 1Q11 to US$435.6m in 1Q12, according to a report by Global Investment Hous...
Yamama Cement net profit rises 46%, Saudi Arabia
Yamama Cement Company recorded a 46% YoY surge in its net profit to SAR278m (US$74.1m) for the first quarter of 2012, up from SAR180m a year ago. The strong increase was attri...
Tabuk Cement to add production line, Saudi Arabia
Tabuk Cement Company’s management board has approved an expansion project for the installation of a second 5000tpd line. The project also includes the construction of power ge...
Saudi Cement delays kiln starts until 3Q12
Further to Saudi Cement Company announcement in February 2012 regarding re-operating of Kiln No. 6 with 4000tpd of clinker capacity, and also the re-operating of three old kiln...
Saudi Arabia: cement sales hit new record
Cement sales in March 2012 grew by 12.6% to reach 4.9Mt, a record high for monthly sales, based on a new report issued by NCB Capital on Wednesday. According to the report, cl...
Saudi cement sales reach monthly high – report
Saudi Arabian cement sales and clinker production reached record monthly highs in March 2012, a new report by NCB Capital shows. “Domestic cement sales rose 12.6 per cent Yo...
Saudi Cement Co 1Q net rises, Saudi Arabia
Saudi Cement Co posted a 53.4 per cent rise in first-quarter net profit of SAR325.6m (US$86.8m) in the period, compared with SAR210.8m a year earlier, the company said in a sta...
Hail Cement gets government fund for new plant, Saudi Arabia
Hail Cement Co said in a bourse statement yesterday that the Saudi Industrial Development Fund (SIDF) had agreed to extend a SAR300m (US$160m) loan. The Saudi Arabian cement p...
Yamama Saudi Cement 1Q12 net profit rises
Yamama Saudi Cement said Tuesday its first-quarter profit surged 54% on the year to SAR278m (US$74.1m) due to higher sales and improved operational efficiency. First-quarter ...