Saudi Arabia Cement sales dip in December
Cement sales volumes across Saudi Arabia declined in December on both a YoY and MoM basis, reflecting softer demand toward the end of the year, according to a report by Al Rajhi...
Southern Cement
10 posts · Page 1 of 1
Yanbu Cement and Southern Cement end merger talks
Yanbu Cement Co and Southern Province Cement Co have ended negotiations on a potential merger after failing to reach a final agreement. The Saudi producers said in separate fili...
Saudi cement sales exhibited growth in 2QFY24
Saudi Arabia's cement industry recorded a 1.8 per cent sales growth in the 2Q124, reaching 10.85Mt. Al-Yamama Cement 's data showed that 95 per cent of these sales were domestic...
Saudi cement companies fined for price manipulation
Saudi Arabia’s General Authority for Competition (GAC) has fined 14 cement companies a total of SAR140m (US$37.33m) for price manipulation activities. Each company has been foun...
Southern Cement ships 3Mt of cement through Ipswich
Southern Cement has reached the 3Mt milestone as general cargo vessel MV Arklow Raider arrived from Bilbao into the port of Ipswich, UK, with 4600t of cement. The cement company...
Saudi cement sales drop 26% in August
Saudi-based cement companies reported a decrease in sales of around 26 per cent in August to 2.76Mt from 3.7Mt in August 2017, according to data from Al Yamama Cement. The produ...
Cementos Lemona starts exports to UK
Spain’s Cementos Lemona has initiated exporting cement to the UK. The first shipment of 13,000t of cement will be delivered to Southern Cement, also owned by Lemona’s parent com...
CRH boosts American profitability
CRH's turnover improved by 3.2 per cent last year to €18,659m while the EBITDA was off by one per cent to €1640m. There were 36 acquisitions during the year and the outlook for ...
CRH and Cementos Portland Valderrivas confirm asset swap agreement
CRH plc and Cementos Portland Valderrivas SA have reached agreement on an asset swap in relation to certain Spanish assets, effective immediately. The deal involves operations i...
Saudi Arabian demand seen rising 10.8% in 2012
Saudi Arabian cement consumption is expected to see a double-digit advance in 2012 thanks to increased levels of government spending, and while fuel shortage remains the key sup...