Cement News tagged under: Najran Cement Company
Najran Cement CEO resigns15 August 2012, Published under Cement NewsSaudi cement producer Najran Cement said in a bourse filing yesterday that Ahmad Zuqeil had resigned from the position of CEO, effective August 31, according to reports by SeeNews Middle East and Africa. Najran Cement is currently working on an expansion project which will boost its annual production capacity to 5000t of cement. Completion is scheduled for the third quarter of 2013. Najran Cement booked a net profit of SAR107.2m (US$28.6m) for the first half of 2012, down from SAR146.4m in... |
Baker and McKenzie advises Najran Cement Co, Saudi Arabia13 June 2012, Published under Cement NewsBaker and McKenzie advised Najran Cement Company (NCC) on its initial public offering of 85,000,000 shares at SAR10 a share (IPO), representing 50% of its share capital at an aggregate offer price of SR850,000,000. Najran Cement was established in 2005 and has a cement capacity of 9000tpd. At present, the plant consists of two production lines and one grinding unit. To capitalise on expected domestic market development, plans to expand its clinker capacity by 7000tpd with a new third line. ... |
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... |