Cement News tagged under: Al Jouf Cement
Kiln to close at Saudi Arabian Cement Co20 December 2013, Published under Cement NewsSaudi cement producer and trader Al Jouf Cement said in a bourse filing it will shut down its production Kiln line 6 for scheduled maintenance from 21 December until 7 January. The cement company said that the stoppage will not impact its ability to meet contractual obligations to clients, adding it will announce its cost later. |
Al Jouf begins trial production of new line, Saudi Arabia16 December 2013, Published under Cement NewsAl Jouf Cement has launched trial operations of its second production line, the Saudi-based cement producer said in a bourse statement. The new kiln line has a clinker capacity of 5000tpd. In late October, the company had signed an agreement with Al Rajhi Bank for a SAR400m (US$106.7m) loan to partially finance the construction of the new line, to be repaid by June 2019. |
Saudi’s Al Jouf signs US$106.7m loan with Al Rajhi Bank01 October 2013, Published under Cement NewsSaudi cement producer and trader Al Jouf Cement has signed an agreement with the country’s largest Islamic bank Al Rajhi Bank for a SAR400m (US$106.7m) loan to partially finance the construction of a second production line. The loan is to be repaid by June 2019. At present, the company has a production capacity of 1.75Mta. |
Saudi cement market records further volume expansion30 September 2013, Published under Cement NewsSaudi cement companies saw profits rise 8.2 per cent as cement demand in the kingdom continued to expand on the back of large projects, said Global Research in its June 2013 report. Cement demand in the 1Q13 stood at 15.5Mt compared to 14Mt in the same period last year. Saudi Cement and Southern Province Cement lead the sales volume rankings, resulting in market shares of 15.7 and 13 per cent, respectively. Cement output rose 16.3 per cent to 13.1Mt while clinker production increased 9... |
Al Jouf undertakes unscheduled kiln maintenance20 September 2013, Published under Cement NewsAl Jouf Cement has temporarily halted its production line for unscheduled maintenance until 5 October, the Saudi-based company said in a statement to the bourse. Al Jouf Cement said that the shutdown will cost SAR18m (USD 4.8m/EUR 3.5m), but will not impact its ability to meet contractual obligations to clients. The company also stopped production in the last two weeks of June for unscheduled maintenance. |
Al Jouf Cement appoints director general, Saudi Arabia10 September 2013, Published under Cement NewsAl Jouf Cement has appointed Eissa Baissa as director general, effective 15 September 2013. Prior to joining Al Jouf, Baissa was general manager of one the cement companies operating in Saudi Arabia, Al-Jouf said without disclosing the name. Al-Saleh has a Bachelor Degree in mining engineering from King Abdullah University of Science and Technology, and a Ph.D. in business administration from University of Atlanta, Georgia, USA. |
Al Jouf Cement halts production for maintenance, Saudi Arabia17 June 2013, Published under Cement NewsAl Jouf Cement is to halt production for two weeks for unscheduled maintenance work, the company said in a statement on the Saudi bourse website. The cement producer will stop production from 17 June to 30 June according and the maintenance process is expected to cost about SAR6m (US$1.6m) which will be reflected in its second quarter financial results. Al Jouf highlighted that the stoppage will not have any impact on its ability to meet its customers’ requirements. Al Jouf Cement is p... |
Box Int'l to provide technical services for new Al Jouf expansion, Saudi Arabia02 October 2012, Published under Cement NewsBox International Consulting LP, a Texas, US-based cement industry consulting firm, announced today that they been issued a Grant of Authorisation by Saudi Arabia-based cement producer Al Jouf Cement Company to provide a variety of technical services at its plant located in Turaif, Saudi Arabia. Al Jouf Cement currently owns a 5000tpd cement plant and is building a second line with the same capacity. The third line, which Box International is to assist in developing, is also set to have a c... |
Saudi Arabian orders for Gebr Pfieffer26 March 2012, Published under Cement NewsGebr Pfieffer has received two major grinding technology orders in the booming Saudi Arabian market. Najran Cement Company (NCC) in Saudi Arabia has placed a third repeat order with the company for a vertical roller mill at its 5000tpd production Line No 3. In December 2011, the general contractor China Electrical Equipment Imp & Exp Co (CEIEC) placed the order for a 500tph MPS 5000 B vertical roller mill for raw material grinding. In addition to supplying the core components of th... |
Al Jouf Cement secures loan for expansion, Saudi Arabia12 March 2012, Published under Cement NewsSaudi Arabian cement producer, Al Jouf Cement, said it has signed and agreement with Saudi British Bank (SABB) for a SAR350m (US$93.3m) five-year Islamic facility. The financing will form part of the funds needed for the construction of a second production line and dedicated power plant. Earlier this year, Al Jouf Cement said it would invest SAR885m in a second line with a capacity of 5000tpd, together with the power plant. The company said it would use its own funds to cover the rem... |