Displaying items by tag: Qatar

Qatar: Qatar National Cement Company has invited offers to acquire Plant 1 at it Umm Bab cement plant complex. Reuters reported the launch of the public auction on 13 June 2023.

Qatar: Qatar National Cement Company (QNCC) has signed a partnership agreement with SAP and Mannai ICT. The deal is intended to help the cement producer use cloud computing products such as Google Cloud to manage its data. It will also use S/4HANA, a resource planning product, and SAP Success Factors, a employee management product.

Essa Mohammed Ali A M Kaldari, QNCC’s Chief Executive Officer, said “In undertaking this end-to-end digital transformation, our aim is to modernise and streamline our systems, increase efficiencies, and enhance the services we deliver to our customers and employees.” He added, “After implementation, our operations will be more agile and scalable, enabling us to capitalise on future opportunities in the market and region.”

Alaa Jaber, the managing director for SAP Qatar and Fast Growth Markets, said, “Through this digital transformation, QNCC is aligning itself with Qatar’s 2030 National Vision and supporting its sustainability plans. It is also ensuring its future success by increasing its visibility over all operations, enabling it to react in an agile way to changes in the market and expected rise in demand for its products. Moreover, QNCC will be able to make decisions informed by real-time insights and data analytics.”

Kenya: Bamburi Cement has appointed Mohit Kapoor as its Group Chief Executive Officer (CEO), with effect from 1 April 2023. He succeeds Seddiq Hassani, who has held the position since 2018.

Kapoor is an electrical engineer who has also worked in marketing and supply chain management. He previously held the post of the CEO of Holcim Qatar. Prior to this he worked as the Head of Growth and Innovation at Holcim India, the Managing Director of Readymix Projects, the Vice President of Logistics and Supply Chain at Lafarge India and the Senior Project Manager for Lafarge Group Audit.

Qatar: Qatar National Cement Company (QNCC) recorded full-year sales of US$195m in 2022, down by 14% year-on-year from US$226m in 2021. The producer recorded a net profit for the year of US$62.4m, up by 1.2% from US$61.7m.

Qatar: The Qatar National Cement Company (QNCC) and Gulf Organisation for Research & Development (GORD) have signed a memorandum of understanding (MOU) to collaborate on the research and development of low-carbon building products. The organisations will also lead capacity building and knowledge sharing exercises to encourage the industry-wide transition to low-carbon solutions and green building practices.

Essa Mohammed Ali Kaldari, the chief executive officer of QNCC, said, “We are pleased today to sign a MOU with the GORD, which aims to enhance the cooperation towards scientific research in the area of green and low carbon products, achieving sustainable development, and establishing an integrated system that serves all the people of Qatar.” He added “In line with Qatar National Vision 2030, QNCC started significantly supporting institutions that focus on capacity building and create a strong sustainability culture that combines the economy and the environment.”

Qatar: Qatar National Cement Company recorded revenues of US$106m in the first half of 2022, down by 5.7% year-on-year from US$113m in the first half of 2021. Despite this, the producer's net profit underwent an 18% year-on-year increase to US$30.5m from US$25.9m.

Qatar: Essa Muhammed Ali Kaladari has been appointed as the new chief executive officer of Qatar National Cement Company. He succeeds Mohammed Ali Al Sulaiti who has resigned with effect from the end of January 2022.

Qatar: Switzerland-based Sika has expanded concrete admixture production capacity at it Doha admixture plant. The company has also announced the start of epoxy resin production in the country. It says that its present investments target growth to serve the expanding regional construction market. Numerous major projects and the expansion of energy and utilities infrastructure have driven a growing demand. Qatar’s state sourcing policy further increases consumption of building materials produced in the country.

Europe, Middle East and Africa regional manager Ivo Schädler said "Our latest investment in Qatar positions us for continued growth and strengthens our competitiveness in the country. In expanding our production, we are anticipating a substantial increase in demand and volumes for our high-value adhesives and flooring solutions. Our building sector customers will benefit from an expanded and locally produced portfolio of Sika solutions which, in addition, eliminates long-distance transportation."

Qatar: Qatar National Cement Company recorded a profit of US$19.3m in the first quarter of 2021. Reuters has reported that the figure represents a 29% year-on-year rise from US$14.9m from the same period in 2019. The cement producer reported a 6% year-on-year fall in revenue to US$182m and a 13% fall in net profit to US$40.8m in 2020.

Qatar: Qatar witnessed robust month-on-month cement production growth during September 2020 as the country scaled back its Covid-19 restrictions. Cement production increased by 9.1%. Cement was one of a number of sectors to buck a wider trend of a continued industrial slowdown, according to the Planning and Statistics Authority (PSA). However, the volume of cement produced was 3.1% lower than in September 2019.