Najran Cement Company has announced that it has signed a three-year contract with Chinese company CEIC to operate and maintain its third production for a three-year period. The new line, which is still being built, is expected to come ...
Tags: Najran Cement, Cement
Mondi stated that this will be the first industrial bags plant to be based in Iraq and will serve the growing cement industry which is rebuilding the country. Together with local partner, Kaso Group, this Greenfield project is set to ...
Tags: Mondi, Bags Plant
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 Prime Minister Nuri al-Maliki has acknowledged the country s need to increase the production of cement in order to achieve self-sufficiency in the fields of construction and rebuilding. During a speech made by the PM at the opening ...
Tags: PM, Ministry of Industry
Luis Farias has an obsession. The vice president for energy and sustainability at CEMEX, the Mexican cement company worth more than $13 billion, is "obsessed" with reducing his company s carbon footprint. For the past several years, CEMEX ...
Tags: Construction, Decoration
Najran Cement, one of the newest cement companies quoted on Saudi Arabia s stock exchange, recorded a 14% decline in profit for 2012 of $53.9m (2011: $62.6m), according to newly-filed figures. The company blamed the drop on a number of ...
Tags: Najran Cement, Saudi Arabia, cement industry
A delegation consisting of Dr. Khaled Fahmy, Minister of Environment, Dr. Osama Kamal, Governor of Cairo, accompanied by a number of senior officials Shoura Council members and NGOs, visited on Tuesday, February 12th, 2013, Tourah Portland ...
Northern Region Cement became the 13th cement company to list on the Saudi stock exchange on Tuesday and its shares enjoyed a healthy rise following its market debut. The company, which is based in the northern city of Arar, listed over ...
The Tadawul All-Share Index advanced 0.10% to reach 7,062.98 Wednesday, the last trading day in the Saudi week. The gauge regained its momentum after a brief phase of sideways trading but the index faces a fierce resistance level at 7,150, ...
Tags: Saudi, cement, cement market
(Muscat, Oman) -- On the back of increased government spending on infrastructure and mega projects, demand for cement is expected to grow at higher pace this year. In the Oman budget for 2013, RO 600 million has been earmarked for roads ...
Tags: Cement, Cement Demand, Further Rise
Cement manufacturers have hit back at Ibeto Cement Company over its resolve to continue to import cement into Nigeria, despite the capacity of local manufacturers to meet demand. A statement by Dangote Cement s head of corporate ...
Tags: Nigerian, Cement, Construction, Ibeto
Faced with a pending debt payment at the end of March, Caribbean Cement Company (Carib) has increased the prices by an average 16.5 per cent. Having already implemented a 9.2 per cent price increase in June, the manufacturer should see ...
Tags: debt payment, domestic sales, revenue, new terms, Carib
Saudi Cement Company has announced that it has recommenced production at three of its older kilns at its plant in Hofuf in a bid to boost capacity in the country. The company, which is based in Dammam, said that kilns 1, 2 and 3 at the ...
Tags: Saudi Cement, Three Kilns, Hofuf, Construction
Saudi Arabia s Hail Cement Company has announced that it has agreed a loan from the Saudi Industrial Development Fund worth $80m (AR: 300m). The company is using the loan to fund the development of a new cement factory in the city of ...
Tags: Construction, Decoration, Loan, Development Loan
On 7 December 2012, The Monarch Cement Company elected Steve Sloan to serve on the board effective immediately to fill the unexpired term of independent director Richard N Nixon, whose resignation was effective 31 October 2012. Sloan, ...
Tags: Monarch Cement Company, Steve Sloan, company news, cement