According to Arab News, the Saudi Arabian Ports Authority has announced that the commercial ports are now ready to receive cement and clinker. The announcement follows King Abdullah s decree last month, which ordered the import of 10 ...
Tags: Clinker Imports, Cement
Najran Cement Co has announced that it is shutting down its No.1 production line for 23 days from 9 Febroary in order to carry out maintenance work. The company said it was "premature to determine the financial impact" of the shutdown, ...
Tags: Najran Cement Co, cement, cement market
Ernst & Young has said regional companies have raised a total of $1.29bn through five initial public offerings (IPOs) in the second quarter of 2012, Oman Daily Observer has reported. A total of $1.37bn was raised in the IPO markets by ...
Tags: market view, cement
Ahmed Zigail, the chief executive of Saudi-based Najran Cement Co has said the volume of cement production in the kingdom is expected to touch 56 million tonnes in 2013, when demand is set for 60 million tonnes compared to the production ...
Tags: market view, cement