EP100 companies avoid release of 328Mt of CO2
The Climate Group’s EP100 Progress and Insights Report 2020 tracks the rapid progress of energy-smart member companies improving their energy and productivity. It reveals...
Yanbu Cement
59 posts · Page 3 of 6
Yanbu Cement sees a 33% rise in net profit
Saudi Arabia’s Yanbu Cement has seen a 5.4 per cent YoY increase in revenue to SAR240m (US$64m) for the third quarter of 2020, against SAR227.97m in the 3Q19. The company al...
Yanbu Cement appoints new chairman
Yanbu Cement Co has appointed Fahd Bin Soliman Al Rajhi as chairman of the board, reports Reuters. Mr Al Rajhi served since 2017 as deputy chairman of the Saudi-based cement...
Saudi Arabia records 10% demand increase in 5M20
Saudi Arabia’s cement sector has reportedly seen a 10 per cent YoY demand growth in the first five months of 2020, according to Al Rajhi Capital. Qassim Cement and Yanbu Cem...
Saudi cement sector reports positive 1Q20
Despite the ongoing coronavirus pandemic, the Saudi cement sector has reportedly seen a 33 per cent YoY average increase in cement market volumes during the 1Q20, according to ...
Yanbu Cement reports 183% rise in net profit for 2019
Saudi Arabia’s Yanbu Cement has reported a 182.7 per cent increase in net profit to SAR257.8m (US$68.75m) for 2019, compared to SAR91.2m in the previous year. The company’s re...
What characterised the cement world in 2019?
This week ICR looks back at a big year for the cement sector when news centred on several core themes. Prominent trends in our news flow have been the evolution of cement volum...
Yanbu Cement targets exports
Yanbu Cement is targeting a rise in exports, having exported 997,000t of cement and clinker in 1Q19, approximately 40 per cent of Saudi Arabia's cement and clinker exports. Sp...
Yanbu Cement sees net profit surge 81% in 1Q19
Saudi Arabia’s Yanbu Cement Co has reported an 81.3 per cent YoY rise in net profit for the first quarter of 2019, increasing to SAR72.9m (US$19.4m) from SAR40.2m a year ago. T...
Saudi producers to benefit from Neom Bay construction start-up
Saudi Arabia will start developing the first major area of Neom, the kingdom's multi-billion dollar mega-city, from 1Q19. The founding board of Neom, chaired by Crown Prince Mo...