
Displaying items by tag: Eastern Province
Saudi Arabian first quarter results round-up
11 May 2017Saudi Arabia: Tabuk Cement made a net profit of US$2.3m in the first quarter of 2017 from revenues of US$15.3m. For the same period, Umm Al Qura Cement made a net profit of US$4.5m from revenues of US$13.8m. Saudi Cement made a net profit of US$44m and Yanbu Cement made US$33m in profit from revenues of US$81.9m. Eastern Province Cement made US$13.3m from total sales of US$53.9m.
Saudi Arabia: ABB has commissioned an electrical infrastructure upgrade for the Eastern Province Cement Company’s (EPCC) two cement production lines at its plant in Al Khursaniya. The project upgraded the existing 75MV Switchgear Panels and integrated the power supply systems with the ABB 800xA automation system already in place. Commissioning was completed in February 2016.
“ABB has completed the final upgrade on site in a record time during the planned maintenance shutdowns of the plant,” said Mohammad Arif Khan, Electrical and Instrumentation Manager at EPCC. “The excellent teamwork between EPCC and ABB engineers made it possible to meet this challenge without affecting the production of the other production lines.”
The scope of supply included the replacement of the 30-year old protection compartment of 75MV (13.8kV and 4.16kV) Switchgear Panels with the latest generation of ABB Relion protection relays, integration via IEC61850 with the 800xA automation system and the delivery of computer and network equipment. ABB also provided project management, engineering, site services and training together with its supplier EcoWatt Projects.
Eastern Cement starts trial operation of new cement mill
15 March 2016Saudi Arabia: Eastern Province Cement has started the trial operation of its new cement mill, which is expected to continue for three months until mid-June 2016. Commercial operation of the new mill will begin in the second quarter of 2016, the company said in a bourse statement. It added that the relevant financial impact is difficult to determine at this stage as it depends on market supply and demand.
Security issues hit Eastern Cement production in Yemen
28 November 2014Yemen: Eastern Cement had its fuel and raw materials supply for clinker production interrupted due to escalating security and political turmoil. The supply problems have been solved and clinker production processes have returned to normal, the Saudi Arabian cement producer confirmed.
The sale of cement by Arabian Yemen Cement Company, in which Eastern Cement controls a stake of 32%, has continued without disruption as the company has sufficient reserves of clinker. Arabian Yemen Cement Company, based in Hadhramaut province, was founded in 2004. The company's cement factory with production capacity of 1.5Mt/yr is the largest Saudi investment in Yemen.
Eastern Province Cement general manager steps down
24 September 2014Saudi Arabia: Eastern Province Cement has announced that the board accepted the resignation of general manager Zamil Al-Muqrin on 21 September 2014, effective from 1 January 2015.
ABB completes upgrade at Eastern Province Cement Company
02 April 2014Saudi Arabia: ABB has completed a process control system upgrade to three cement production lines at Eastern Province Cement Company (EPCC) in Al Khursaniya, Saudi Arabia. Power and automation technology supplier ABB updated the Extended Automation System 800xA to the latest standards.
"ABB has completed the final upgrade on site in a record time during the planned maintenance shutdown of the plant", said Mohammad Arif Khan, Electrical and Instrumentation Manager at EPCC.
The scope of supply included the updating the Extended Automation System 800xA licences, computer, laboratory and raw meal proportioning system hardware, as well as project management, engineering and site services, including training. The modernisation follows a previous process control system upgrade of the production lines number one and two in 2003, as well as equipment deliveries for the extension of the plant with line number three in 2005. The contract was booked in June 2013. Commissioning was completed in December 2013.
Profits up in Saudi Arabia
31 January 2012Saudi Arabia: Cement producers in Saudi Arabia have announced improved profits for 2011 and the fourth quarter of 2011. Companies have cited increased demand for cement and higher selling prices as reasons for their improved profits.
Yanbu Cement Company posted a net profit of US$40.9m for the fourth quarter of 2011 compared to US$26.6m for the same quarter of 2010, an increase of 54%. The company posted a profit of US$33.3m for the previous quarter. The company's net profit for the whole of 2011 was US$141.2m compared to US$114.8m in 2010, an increase of 23%. The 12 month gross profit was US$148.1m, up by nearly 20% compared to 2010. Yanbu's operational profit over the same period was US$139.8m, a year-on-year increase of 19.5%.
Meanwhile, Saudi Cement Company has announced that its net profit jumped by nearly 40% in the fourth quarter of 2011, rising to US$56.6m. The company said that the increase from a net profit of US$40.5m in the same period of 2010 was due to higher production and demand. It should also be noted that the company has added new production lines in the past year, which boosted the company's output and profit.
Eastern Province Cement Company (EPCC) also reported strong results, with a net profit for 2011 of US$97m, compared to US$91.5m for the same period of 2010. This is an increase of 6%. In the fourth quarter of 2011 the company's net profit was up to US$28.7m compared to US$22.1m for the same quarter of 2010, an increase of 28%. The net profit was up by 41% compared to the quarter ending 30 September 2011.