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
Jose Maria Magrina, Chief Executive Officer of Arabian Cement Company (ACC) announced that the company has taken all the steps needed to substitute natural gas with coal and refused derived fuel (RDF) as energy sources in its plant. He ...
Tags: Fuel, Metallurgy, Mineral&Energy, Arabian Cement
Arabian Cement Co saw its net profit for the nine month period decline by 8.3% to $81.3m, and profits for the three-month period fell by 17% to $23.2m. The firm s lower profits have run against the trend of third quarter results posted by ...
Tags: market view, cement
Saudi Arabian cement manufacturer Yamama Cement anounced a 17% increase in net profit for the nine months to September 30 of $171.7m (SR: 644m), compared with $146.4m (SR: 549m) last year. The company said that it had increased net profits ...
Tags: market view, cement
Arabian Cement Company (ACC) recently participated in an event hosted by Hope Village Society to showcase current progress of their development. Jose Maria Magrina, ACC CEO, attended the event to reiterate ACC s support to the Hope Village ...
Tags: market view, cement
Southern Province Cement Co. And Arabian Cement Co. Have both revealed that net profits for Q1 2012 showed an increase of 25% on Q1 last year. Southern Province achieved a quarterly net profit of $75.9m, a 25.88% increase on the $60.3m last ...
Tags: market view, cement
Cement demand in Saudi Arabia has been rising on the back of huge government and private sector projects and an expected surge in public expenditure above budgeted levels will further fuel demand growth, National Commercial Bank (NCB) said ...
Tags: industry trends, cement