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Riyadh Cement shares 1Q24 results 22 May 2024 Riyadh Cement forecasts rising demand despite early challenges (CW Group) Riyadh Cement Co. reported solid 1Q2024 financial results despite high production costs and reduced sales volumes due to increased fuel prices and interest rates, according to... Type: Article Category: Financial Riyadh Cement signs deal with Ministry of Industry to cut production costs 17 May 2024 New agreement aims to boost energy efficiency and reduce costs (CW Group) Riyadh Cement Co. has signed an agreement with the Ministry of Industry and Mineral Resources’ Competitiveness Program to improve energy prices, according to Argaam. This deal... Type: Article Category: Markets & Competition Samsung C&T's expands construction operations 01 March 2024 118, following its renowned projects like the Burj Khalifa and Petronas Towers. Noteworthy achievements also include the Riyadh Metro and the Neom mega city project in Saudi Arabia. In 2023, Samsung C&T's construction arm reported an 18.2 percent... Type: Article Category: Construction Riyadh Cement closes USD 34.8 million deal with Sinoma 29 November 2023 Cement giant collaborates with Sinoma on waste heat recovery (CW Group) In a pioneering move toward sustainable practices, Riyadh Cement Company has inked a USD 34.8 million deal with Sinoma Energy Conservation for the establishment of a cutting-edge... Type: Article Category: Environment Gulf region dominates global aluminum production 27 November 2023 to approximately 10 percent of the world's production. Speaking at the Arab International Aluminum Conference (ARABAL) in Riyadh, he emphasized the increasing global demand for aluminum, set to surge by 20-30 percent by 2030, presenting growth... Type: Article Category: Production Saint-Gobain boosts presence with Izomaks Industries acquisition 13 November 2023 LLC, a prominent manufacturer specializing in waterproofing products for floors and roofs. Operating two facilities in Riyadh and employing approximately 140 individuals, Izomaks is projected to generate EUR 60 million in revenue for 2023. In line with... Type: Article Category: Materials News Riyadh Cement's H1 performance 01 September 2023 Impressive H1 performance and cash dividend announcement (CW Group) Riyadh Cement Company, based in Saudi Arabia, has reported robust financial results for the first half of the year. The company's net profit for H1 witnessed an impressive year-on-year... Type: Article Category: Financial Thyssenkrupp wins contract from Saudi ArabiaÔÇÖs Yamama Saudi Cement 25 November 2015 capacity of 20,000 tons per day, and will be built at a new site, located about 80 km east of Saudi ArabiaÔÇÖs capital, Riyadh. ÔÇ£Our partnership with Yamama is built on a longstanding tradition and dates back many decades. We are delighted that Yamama... Type: Article Category: Equipment Saudi ArabiaÔÇÖs Yamama Cement plans to set up a greenfield plant 20 November 2015 Mineral Resources, which will help the company to have an access to limestone, sand and clay ores at three locations in┬á Riyadh, Saudi Arabia.[/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Plant Expansions Saudi ArabiaÔÇÖs Yamama Cement to set up new unit 09 July 2015 Arabian cement manufacturer Yamama Cement has received a new raw materials quarry license in Al-Kharj in Riyadh, reports KSA Day. Yamama Cement has performed exploratory studies that highlighted the availability of raw materials required for production... Type: Article Category: Plant Expansions Saudi ArabiaÔÇÖs Yanbu Cement boosts profit 05 July 2015 manufacturer Yanbu Cement posted the third largest increase in profits among cement companies in the country, reports Al Riyadh. The company posted at the end of the first half of the year profit of SAR 453 million, up 2 percent as compared to the same... Type: Article Category: Financial Cement makers in Saudi Arabia seek to shore up prices 28 June 2015 that had been falling in recent months, as companies in more remote regions began undercutting in busy cities such as Riyadh and Mecca. The cut helped to bring clinker inventory levels down to 19.4 million tons, down from a record high of 21.4 million... Type: Article Category: Volume & Pricing Cement sales increase in Saudi Arabia 16 May 2015 and 28 percent for Al-Jouf Cement. Four companies recorded a decline in monthly sales, namely Saudi Cement, Tabuk Cement, Riyadh Cement, and Safwa Cement. Clinker production increased in April 2015 from 4.74 million tons registered in the same month... Type: Article Category: Volume & Pricing Saudi Arabia could boost exports of cement 08 April 2015 rate of supply of cement in Saudi Arabia at the present time is balanced with respect to demand, reports Al Riyadh. Furthermore, cement output is expected to keep covering demand levels over the following two years. This will allow the Ministry of... Type: Article Category: Markets & Competition Cement companies in Saudi Arabia boost sales 11 March 2015 four cement companies did not manage to boost sales in the reporting period, namely Tabuk Cement Company, Elite Cement, Riyadh Cement and Yamama Cement, which posted declines of 6 percent, 4 percent, 3 percent and 2 percent, respectively. Najran Cement... Type: Article Category: Markets & Competition Saudi ArabiaÔÇÖs Yamama Cement to move plant near Riyadh 21 January 2015 plans investment in Yemen {reg}Saudi ArabiaÔÇÖs Yamama Cement Company plans to move its plant located in the south of Riyadh, where the Ministry of Petroleum plans to propose three mining sites for the company, reports Argaam. Furthermore, the company... Type: Article Category: Markets & Competition Saudi ArabiaÔÇÖs Tabuk Cement Company appoints General Manager 28 December 2014 of the company, effective January 1, 2015, reports Tadawul. The company has made the decision at its last meeting, held in Riyadh on December 24, 2014. Ali bin Mhmiaa Asmari joined the company in 1996 and has served as Head of the quarries and then... Type: Article Category: People Saudi Arabian cement company relocates headquarters 17 December 2014 at the administrative headquarters of the company, reports Mubasher. The companyÔÇÖs headquarters, previously located in Riyadh, Sulaymaniyah District on the Tahlia Street is now to be found at the new address, Riyadh, by Imam Saud bin Abdul Aziz Bin... Type: Article Category: Markets & Competition Saudi's Tabuk Cement sees decline in profits 29 October 2014 The decline was blamed to the lower than average selling price and lower production (CW Group) Riyadh-based Tabuk Cement saw profits drop by 19.66 percent in the first nine months of the year, Elaph reported. Its bottom line closed at 108 million... Type: Article Category: Markets & Competition Saudi Arabia invests in new cement production units 17 August 2014 lowered by 38 percent. Cement sales of Yamama Cement and Yanbu also dropped. However, Hail Cement, Najran Cement and RiyadhÔÇÖs cement sales rose by about 50 percent.[/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly... 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