Saudi cement output rises 23% in January
Cement production in Saudi arabia, the Arab world’s largest economy, grew 23% in January from the same month a year earlier. Production from 13 companies rose to 4.8Mt last mon...
Saudi Arabia
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Saudi Cement in talks to sell extra clinker supplies
Saudi Cement has said that due to the rising demand for cement in the Kingdom, it has started negotiating with a number of local producers for the sale of excess quantities of ...
Increased sales drive Yanbu Cement’s net profit higher
Yanbu Cement reported a 23 per cent rise in 2011 net profit to SAR529m (US$141.1m) due to an increase in sales. The Saudi Arabian producer added in a bourse filing that earnin...
Aramco offers enough fuel for Saudi Arabia cement to raise output
Concerns that ongoing fuel issues with Saudi Arabian Oil Co (Aramco) will delay increases in domestic cement capacity are being allayed by an Aramco representative. O kaz ne...
GCC cement sector capacity to hit 120Mt by 2013
Cement capacity in the GCC cement sector is expected to hit 120.7Mt in 2013, according to a Global Investment House (GIH) report with rising demand in Saudi Arabia, Qatar and K...
Al Jouf awards contract for Line No 2, Saudi Arabia
Saudi cement producer, Al Jouf Cement, has awarded China’s Chengdu Design & Research Institute the contract for the construction of a second production line with a capacity of ...
Saudi Cement 4Q11 up on higher demand
Saudi Cement Co posted a 39.7 per cent rise in its 4Q11 net profit, on higher production and demand. Net profit for the quarter reached SAR212.3m (US$56.6m) compared to SAR15...
Eastern Province net profit rises 6% per cent, Saudi Arabia
Eastern Province Cement of Saudi Arabia registered a 2011 net profit of SAR364m (US$97.1m), up six per cent YoY from SAR343m in 2010, attributed to higher sales and lower cost ...
Ministry steps in to curb escalating Saudi prices
Saudi Arabia’s Ministry of Commerce and Industry has intervened to curb a significant rise in cement prices in the western region of the country, Al Eqtisadiah business daily r...