Cement News tagged under: UAE
Lafarge Emirates Cement uses first-of-its-kind finance facility to install WHR system18 August 2022, Published under Cement NewsStandard Chartered, a UK-based banking and financial services company, has closed a ‘transition trade’ facility with Lafarge Emirates Cement to enable the cement producer to invest in a waste heat recovery (WHR) system. The transition trade facility is believed to be the first of its kind in the Middle East and forms part of Standard Chartered’s commitment to provide US$300bn in ‘green’ and transition finance by 2030. “This market-first transition trade finance facility is a result of ... |
Fujairah Cement sees narrowing 2Q loss12 August 2022, Published under Cement NewsUAE-based Fujairah Cement Industries Co reported a loss of -AED14.2m (US$3.86m) in the second quarter of 2022, an improved result when compared with a loss of -AED21.1m in the equivalent quarter of the previous year. Second-quarter revenues came in at AED88.7m, down from AED90.8m in the 2Q21. |
UltraTech acquires 29% stake in RAK White Cement19 April 2022, Published under Cement NewsUltraTech Cement Middle East Investments , part of UltraTech Cement in UAE, has invested US$101m to acquire a 29.39 per cent stake in RAK Cement Co for White Cement and Construction Materials PSC . RAK White Cement reported a turnover of INR4.825bn (US$63.2m) last year, up from INR4.46bn in 2020. The company is registered on the Abu Dhabi and Kuwait stock exchanges. |
ABB installs its distribution control system at Star Super Cement06 April 2022, Published under Cement NewsABB was the electrical and automation partner for the Star Cement clinkerisation plant 10 years ago and had deployed ABB’s DCS for three cement grinding units when these plants were installed. Each grinding unit had a different generation of DCS depending on the plant commissioning period. All grinding units have now been upgraded to ABB Ability System 800xA, which can implement advanced process control methods and is ranked by the ARC advisory group as the world’s No 1 DCS platform over th... |
ASEC repairs bearings in kiln tyre supports at UAE plant05 April 2022, Published under Cement NewsA cement plant in the UAE faced a major incident in February 2022 that caused severe damage in the journal bearings and roller supports in the middle tyre of the kiln. At very short notice, Arab Swiss Engineering Company (ASEC) addressed the damage. A team of experts from ASEC started the job immediately with the following objectives: • investigations leading to the development of the root cause of the failure • supervision of replacing and repairing all damaged parts • inve... |
Heriot-Watt University accelerates efforts to decarbonise the cement industry09 February 2022, Published under Cement NewsA ground-breaking project led by Heriot-Watt University is accelerating efforts to decarbonise the energy-intensive cement industry. The innovative government, industry and academic collaboration has unveiled a series of ambitious targets for the sector, leading to net zero emissions across the UAE by 2040 before being rolled out globally. The research, which is being led by the Centre of Excellence in Smart Construction (CESC) based at the University’s Dubai campus, will focus on fou... |
UAE’s cement sector is integral in building circular economies01 September 2021, Published under Cement NewsThe second UAE Circular Economy Council meeting reviewed progress in implementing the country’s 2021-31 Circular Economy Policy and underlined the growing role of the cement sector in achieving its goals. Mohammed Al Jawi, senior manager of environmental and waste management at Emirates Global Aluminium, stressed that the company’s policy of zero processed waste being sent to landfill had been made possible by the cement sector. He outlined that the approach to reducing generated spent p... |
RAK White Cement sees revenue down 7%17 March 2021, Published under Cement NewsUAE-based RAK White Cement has seen a 34.6 per cent YoY decline in attributable net profit to AED12.69m (US$3.46m) in 2020, compared to AED19.41m in the previous year. Revenues declined 6.5 per cent YoY to AED221.19m from AED236.48m in 2019. |
Sharjah Cement sees 26% revenue decline in 202015 March 2021, Published under Cement NewsUAE-based Sharjah Cement has reported a 25.6 per cent decline in revenue to AED431.63m (US$117.53m) for 2020, compared to AED580.1m in the previous year. The cost of sales declined to AED436.99m from AED543.8m. The company also posted an AED70.64m loss for the year, compared to an AED12.07m profit in 2019. |
Wärtsilä wins O&M agreement with Umm Al Qura Cement19 February 2021, Published under Cement NewsWärtsilä has signed a five-year operation and maintenance (O&M) agreement with the Saudi Arabian cement producer Umm Al Qura Cement Co. It is the third agreement term for the customer’s captive power plant installation. Following the continued efficient and reliable performance of the power plant, this latest contract was renewed for five years in November 2020. The 47MW plant is located in Taif City in western Saudi Arabia. It operates with five Wärtsilä 32TS engines, a two-stage turb... |