Cement sales in Saudi Arabia during March increased 12.6 percent to reach 4.9 million tonnes, a record high for monthly sales, a report said.
Clinker production grew by 10 percent to reach 4 million tonnes, another record, said the report
CTI Group, the Gulf region’s largest independent trader of cement and clinker, has agreed to invest in a cement production plant in Indonesia owned by Bosowa Corporation.
The arrangement gives Jordan-based CTI its first investment in one o
Star Cement Co has planned to invest Dh730 million ($200 million) in a state-of-the-art clinkerisation manufacturing unit in Ras Al Khaimah, a report said.
The unit, owned by the giant ETA Ascon Star Group, will have a production capacity