Saudi Cement Company recently announced that it will permanently shutdown and remove three kilns from its Holuf plant. Kilns 1, 2 and 3 were brought into reoperation in December 2013 to meet rising demand and market pressures. However, they are no longer needed, and their age, higher operating costs and lower environmental efficiency resulted in the Board of Directors’ decision to remove them from site.
Adapted from press release by Louise Fordham
Cement sales in Saudi Arabia totalled 4.59 million t in February 2014, a 3% y/y decrease against 4.74 million t recorded in the same month a year earlier.
CNBM Engineering divisions in Oman and Saudi Arabia receive visits from their respective Chinese ambassadors and the company hosts a promotional conference in Iran.
Southern Province Cement Company has ordered two LM 56.3+3 VRMs for cement grinding for its Bisha plant.
Saudi Cement has recorded an 8% decrease in profit y/y for 4Q13 due to a drop in sales.