Figures released by Mubasher show that the Tadawul-listed cement companies witnessed a 23.7 per cent drop in Q4-13 combined earnings to SAR 1.09 billion compared with SAR 1.43 billion a year earlier.However,Q4 combined profit is 3.13 per ...
Tags: Cement, Construction, Decoration
Muscat:Oman s cement companies are likely to benefit from a reduction in dumping by the neighbouring UAE producers and better demand for cement from within the country this year,said a top-level analyst. The Sultanate s two cement ...
Tags: Construction, Omani Cement, Cement
US cement industry energy consumption in 2012 decreased by 2.1 per cent against 2011 levels, the recently released annual Labor-Energy Input Survey by the PCA indicates. This energy decrease occurred despite the third consecutive year of ...
Tackling excess capacity will be one of the top tasks on China's economic agenda in 2014, as the issue becomes a major challenge to maintaining the pace and quality of economic growth. "The Chinese economy still faces downward pressure ...
Tags: Slashing Capacity, Mineral
New construction projects are expected to increase demand for cement in coming months. Sales of cement companies dropped by 17 percent in November 2013 to 3.65 million tons compared to 4.37 million tons in the same period in 2012, local ...
Tags: cement, construction
Cement sales in the first six months increased 6.18 percent to 10.13 million metric tons from 9.54 million MT in 2012, the Cement Manufacturer's Association of the Philippines said. The group attributed the healthy performance to the ...
Tags: Cement, Construction
The expected price hike in electricity rates is expected to hit the profitability, though very marginally, of those cement companies that solely rely on the national grid power and do not have Waste Heat (WH) technology, compared to those ...
Tags: Cement, Construction
Good rains that are likely to remain strong for the rest of the monsoon are set to keep cement demand under pressure in the ongoing July-September quarter. While demand for cement between May-end and June was supported by pre-monsoon ...
Tags: Cement, Construction
Saudi cement firms, Yanbu Cement Co and Saudi Cement Co, have both announced positive results for the second quarter of 2013. Yanbu posted a 26.9% increase in net profit for the period to $73.1m (SAR 274m), up from last year's ...
Tags: Cement, Construction, Decoration
Kenya s second-largest cement firm ARM Cement posted a 28 percent rise in first-half pretax profit helped by a rise in cement sales, and it forecast a strong performance for the second half of the year. The cement manufacturer, which ...
Tags: Cement, Construction
Eleven cement companies will be forced to make a provision of Rs 669 crore in the June quarter for the Rs 6,698-crore penalty levied on them by the Competition Commission of India. In the cement price cartelisation case, the Supreme Court ...
Tags: Cement, Construction, Decoration
The GCC s cement companies witnessed a double-digit rise in both turnover and profit during the first quarter of 2013 as demand continued to rise. An analysis of the results of the GCC s listed cement companies by Kuwait s Gulf Investment ...
Tags: Cement Sector, Construction
Oman Cement Company has said that the Public Authority for Consumer Protection (PACP) has initiated an investigation on the quality of cement imported by the company. A team from PACP visited the company to inspect the cement imported and ...
Tags: Oman Cement, Cement Quality
Hail Cement Company has announced that it has begun full commercial operations at its newly-developed cement plant yesterday. The company raised around $130m when its shares were floated on the stock exchange in 2011 through the sale of ...
Tags: Cement Plant, Cement, Construction
The Saudi commerce and industry minister, Tawfiq Al-Rabiah has said cement plants in the kingdom should maintain a strategic reserve of the commodity to prevent any future shortage, Saudi Gazette has reported. Cement manufacturer have ...
Tags: Saudi Cement, Cement