Cement News tagged under: UAE
First UAE clinker shipment delivered to Saudi Arabia04 June 2013, Published under Cement NewsSaudi Arabia is set to receive its first shipment of UAE clinker with 50,000t recently loaded at the Mina Saqr port by CEM Asia Trading. 50,000t of clinker is loaded at the port of Mina Saqr, UAE, bound for Saudi Arabia Clinker exports have traditionally been seen as too expensive and uneconomical, but cement producers in Saudi Arabia are having to import volumes to keep pace with demand as mega-projects in housing and infrastructure in cities fuel consumption . This is in sha... |
VAS Template successfully implemented at Lafarge Emirates Cement17 April 2013, Published under Cement NewsFritz & Macziol has reached another important milestone in the rollout of the logistics system VAS with the final acceptance at the Lafarge Emirates cement plant, UAE. The launch was realised in a short time using a template, which has been specially modified to Lafarge's processes. The cooperation between Lafarge and the Fritz & Macziol project team made a critical contribution to this fast implementation. "We were able to start the further optimisation process with the demonstrably test... |
Sharjah Cement Factory signs MoU with Etihad Rail21 November 2012, Published under Cement NewsUAE’s Sharjah Cement Factory has signed a memorandum of understanding with Etihad Rail which will enable the cement producer to transport more than 5Mta of cement and raw materials, more than half the company’s current logistic requirements. The agreement will offer Sharjah a freight solution that will reduce transport costs and improve efficiency by allowing the use of a mode of transport that is safer and more environmentally-friendly than trucks. Ahmad Abdalla Al Noman, chairman of ... |
UAE cement producers see improvements in 9M12 profits01 November 2012, Published under Cement NewsTwo leading cement producers in the UAE have posted an improvement in profits for the first nine months of 2012 as construction activity on the local market shows signs of a revival. Arkan Building Materials said profits grew 76 per cent during the year to the end of September to AED41.5m (US$11.2m). The company’s improvement was attributed to a 38 per cent rise in sales which increased to AED295.1m during the year from AED213.5m in the same period of the previous year. Revenue at Arkan’s E... |
Preview: AUCBM’s 17th Arab Cement Conference31 October 2012, Published under Cement NewsAhmad Al-Rousan, secretary general of the AUCBM, sends a warm greeting to everyone ahead of the association's forthcoming international cement conference and exhibition in Dubai, UAE this December. “With current and planned expansions in the cement industry in the Arab region, international cement manufacturers and equipment suppliers can eye this region with enthusiasm,” Mr Al-Rousan told ICR in a recent interview. “The AUCBM’s 17 th Arab International Cement Conference and Exhibition... |
Dubai Group in talks for Lafarge Emirates stake sale, UAE14 September 2012, Published under Cement NewsThe Dubai Group is in talks to sell its 45 per cent stake in its UAE joint venture with Lafarge, according to reports by Reuters. Lafarge Emirates Cement, set up in 2005, is restructuring and needs additional capital to help support the business, something Dubai Group is unable to provide due to its debts. Lafarge Emirates Cement was set up as a joint venture between Lafarge, Dubai Group, part of conglomerate Dubai Holding, and the Fujairah government, an emirate in the Northern part of ... |
GCC profits rise 27.1 per cent in 1H1206 September 2012, Published under Cement NewsProfits of the Gulf Cooperation Council (GCC) cement sector increased 27.1 per cent YoY in the first half of 2012 to US$971.5m from US$764m in the same period of 2011, the latest report from Global Investment House (GIH) shows. According to the report, the GCC cement sector grew 17 per cent in the first six months of the year mainly due to a huge pipeline of projects in Saudi Arabia helping to generate significant demand. Oman was in second place with growth of 13.8 per cent while Qatar a... |
Improved outlook for Omani cement companies29 August 2012, Published under Cement NewsOman cement companies are set for brighter times ahead as inflows of cheap cement from the UAE decline and demand picks up both in the UAE and the sultanate, according to a report by Global Investment House (GIH). In its GCC cement sector report released on Tuesday, GIH said that Omani cement firms are set for steady growth in the coming quarters as growth in the construction sector leads to a higher cement demand. “The inflow of cheap cement from UAE, which earlier roughly catered to... |
Fujairah Cement reverses loss, increases sales, UAE13 August 2012, Published under Cement NewsFujairah Cement reported increased sales in the six months to June 2012 of 16 per cent to US$$83.6m in the six months to June 30 and it reversed a $2.4m loss last year into a $5.5m profit. Earnings per share also climbed to 1.55 cents (5.7 fils), compared to a loss of 0.68 cents (2.5 fils) last year. Despite this, however, the company said that the recession that has been felt in the construction sector is "continuing". A statement accompanying the firm's results from general manage... |
Middle East market developments13 August 2012, Published under Cement NewsCement producers in the Gulf Cooperation Council (GCC) nations witnessed a 24.3 per cent increase in revenues in the first quarter of 2012, reaching US$1.26bn (AED4.62bn) as construction picked up in certain parts of the Middle East. Saudi Arabia continues to be the region's strongest market, but improvements are being seen in the UAE and Qatar is gathering pace. However, a challenging operating environment persists in Egypt. According to a report by Global Investment House (GIH), combine... |