Saudi Arabia cement capacity seen reaching 66Mta by 2015
Saudi Arabia's cement production capacity is expected to reach over 66Mta by 2015 from 47Mt this year, a report from Al Rajhi Capital said. S
Saudi Arabia
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Arabian Cement Co first-quarter net profit rises 26%
Saudi cement producer Arabian Cement Company (ACC) said its net profit for the first quarter of 2012 rose by 26% year-on-year to SAR146.1m (US$88.7m), boosted by growing sales.
Qassim Cement net profit rises, Saudi Arabia
Saudi cement producer Qassim Cement Co (QCC) posted a SAR158.4m (US$42.2m) net profit for the first quarter of 2012 up from SAR147.2m a year ago. The company attributed the incr...
Southern Province Cements signs contract with Sinoma for Line No 3
Southern Province Cement (SPC) and Chinese engineering company Sinoma have signed a SAR707m (US$188m) contract for the installation of a third new line at SPC’s plant in Tuhama.
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.
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 House...
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 attribu...
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 gene...
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 kilns...
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, clin...