Monday 25 June 2018
 
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Saudi Cement

Saudi Cement, GE Power sign deal to upgrade turbines

Saudi Cement has signed an agreement with GE Power for the upgrade of three GE 6B gas turbines at its Hofuf plant to increase power output and efficiency. The deal represents the first time that GE Power’s Advanced Gas Path

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Saudi Cement, GE Power sign deal to upgrade turbines

Saudi Cement has signed an agreement with GE Power for the upgrade of three GE 6B gas turbines at its Hofuf plant to increase power output and efficiency. The deal represents the first time that GE Power’s Advanced Gas Path

More…

Saudi Cement, GE in gas turbine upgradation deal

Saudi Cement, a regional pioneer in the manufacture and supply of clinker and cement, has signed an agreement with GE Power for the upgradation of three 6B gas turbines at its plant in Hofuf region of the kingdom. The deal represe

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Saudi Cement, GE in gas turbine upgradation deal

Saudi Cement, a regional pioneer in the manufacture and supply of clinker and cement, has signed an agreement with GE Power for the upgradation of three 6B gas turbines at its plant in Hofuf region of the kingdom. The deal represe

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Saudi cement sales continue decline in August

Saudi Arabia’s cement sector continued to remain under pressure with total cement sales volume declining 16 per cent year-on-year (y-o-y) to 3.7 million tons in August, posting 12th y-o-y decline in last 13 months, a report said.

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Saudi Cement net profit down 37pc in Q1

Saudi Cement has registered a 37 per cent drop in its net profit for the first quarter which fell to SR165 million ($44 million) from SR265 million ($70.5 million) last year owing to the drop in sales volume and sale price as a result of slugg

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Saudi Cement net profit down 37pc in Q1

Saudi Cement has registered a 37 per cent drop in its net profit for the first quarter which fell to SR165 million ($44 million) from SR265 million ($70.5 million) last year owing to the drop in sales volume and sale price as a result of slugg

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Saudi Cement Q2 net profit slips 2pc

Saudi Cement met analysts' estimates as it reported a 2 per cent decline in second-quarter net profit on Monday due to a drop in sales and rising power costs. One of the kingdom's largest cement firms by market value, it m

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Saudi Cement trims proposed H1 dividend

The board of Saudi Cement has proposed paying a cash dividend of SR2.75 ($0.73) per share for the first half of 2016, the firm said in a bourse statement on Wednesday. This is marginally lower than the 3 riyals per share payout fo

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Saudi cement export ban lift to provide little relief to producers

The much anticipated lifting of the Saudi Arabia export ban on cement, which was mandated in 2008 and renewed in 2012, may allow little relief for the kingdom’s cement producers, according to a research note issued by Arqaam Capital, the e

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