Cement News tagged under: Middle East
Lucky Cement announces 3.15Mta Pezu expansion02 February 2021, Published under Cement NewsPakistan’s Lucky Cement Ltd has announced a further expansion to its Pezu plant on the back of positive results from the domestic cement sector. "Keeping pace with the increasing demand in the domestic cement industry, on the back of revival of economic activity and uptick in construction projects including both retail level projects as well as mega infrastructure development projects the company has decided to enhance its cement production capacity at its Pezu Plant by 3.15Mta," said the ... |
Oman Cement orders ABB's optimisation technology02 February 2021, Published under Cement NewsOman Cement Co (OCC) will build on long-term ABB relationship with the installation of ABB’s state-of-the-art ABB Ability™ System 800xA to optimise performance on all three process lines at the Muscat-based cement factory, which has a 3.5Mta cement production. ABB has built on a 40-year relationship with leading cement producer OCC in delivering the latest digital control systems to boost operational efficiency, increase availability, lower costs and drive sustainability. ABB has also re... |
ASEC and Qatrana Cement extend O&M contract01 February 2021, Published under Cement NewsASEC of Egypt and Qatrana Cement Co of Jordan have announced the extension of the operation and maintenance (O&M) contract for an additional three years. The collaboration started back in 2010 when partners entered into an O&M agreement and ASEC was entrusted with the full responsibility of the operation and maintenance of the 1.5Mta Qatrana Cement plant from raw material crushing up to cement dispatch. "This contract marks a milestone in our cooperation with Qatrana Cement Company and ... |
Qatar National Cement Co sees net profit down 14%28 January 2021, Published under Cement NewsQatar National Cement Co has seen a 6.2 per cent YoY fall in sales to QAR659.62m (US$181.2m) in 2020, against QAR703.03m in the previous year. Net profit also declined 13.8 per cent YoY to QAR148.46m from QAR172.16m in 2019. |
Suez Cement sells 51% stake in Hilal Cement25 January 2021, Published under Cement NewsSuez Cement (HeidelbergCement group) has offered its 51 per cent stake in Hilal Cement Co of Kuwait for sale through the Kuwait Bourse on 24 January 2021. The Board of Directors of Suez Cement gave advanced notice of its intention to sell the company’s stake in Hilal Cement on 5 March 2020. Suez Cement’s Board of Directors approved the decision on 9 December 2020 when it delisted from the Egyptian stock exchange. The total amount fo shares for sale amount to 25,736,191. |
Raysut Cement Co begins construction of 9MW WHR system21 January 2021, Published under Cement NewsOman’s Raysut Cement Co has begun construction of a new 9MW waste heat recovery (WHR) system at its plant in Salalah. The project is expected to contribute to the company’s ambitious sustainability targets, which include reducing power consumption capacity by 25-30 per cent, lowering CO 2 emissions and cutting water consumption by more than 50 per cent. The producer has contracted Sinoma Overseas Development Co Ltd for the project on an EPC basis. |
Hama Cement sees cement production reach 1.06Mt in 202011 January 2021, Published under Cement NewsThe Syrian Co for the Manufacture of Cement and Building Materials (Hama Cement) has reported 1.06Mt of cement production for 2020. Clinker production also reached 714,000t during the year, according to the Syrian Arab News Agency (SANA) . Ali Ja’abo, general manager, noted that the technical and production teams at the company have created new working methods, equipment and devices that have proven their efficiency, which contributed to reducing costs and increasing the production. As a ... |
Southern Province Cement elects new board members04 January 2021, Published under Cement NewsSaudi Arabia's Southern Province Cement Co has elected new members to the board of directors for its new session, which began on 1 January 2021 for a period of three years. As such, Dr Hamad Bin Suliman Al-Bazai will serve as the new chairman of the board. Mohammed Bin Nasser Al-Nabit is vice-chairman and Saud Bin Safar Al-Bargan is secretary of the board. |
Oman cement producer closed following complaints31 December 2020, Published under Cement NewsA cement producer in Oman has been temporarily closed after complaints from consumers, according to the Times of Oman. "The Consumer Protection Department in Al Dhahirah recently closed an institution specialising in the sale and production of cement products, according to a judicial decision, on a temporary basis, due to repeated complaints against it for not adhering to transparency and credibility, and for trading in a defective commodity that does not confirm to the standard specifica... |
Hail Cement to repay outstanding loan amount16 December 2020, Published under Cement NewsHail Cement said its Board of Directors decided on 15 December 2020, to pay early and in full the balance amount of the loan from the Saudi Industrial Development Fund (SIDF). The amount of SAR152m (US$40.53m) is what is left from the original loan amount of SAR300m. A total of SAR148mis has already been repaid, the firm said in a statement. The financial impact will be reflected in the statements for the year ending 31 December 2020. |