Displaying items by tag: Palestinine

Palestine: Jericho Cement Company plans to establish the first cement plant in Palestine by 2022. The Arab News newspaper has reported that the planned 1.1Mt/yr plant will cost US$85m. Funding will come from a group of companies and the Palestinian Investment Fund.

The State of Palestine presently imports its cement from Israel and Jordan.

Palestine: Saudi Arabia’s Al Jouf Cement has signed a deal with Sanad Trading and Marketing to export 50,000t/yr of cement and clinker. The financial impact from the agreement is expected to be noticed from the middle of the fourth quarter of 2018 onwards. The deal follows a memorandum of understanding that was signed between the companies in August 2018.