Displaying items by tag: Riyadh Cement

Saudi Arabia: Domestic cement despatches rose by 13% year-on-year to 3.84Mt in June 2025, falling by 18% month-on-month due to seasonality impact, according to a report by Al Jazira Capital. Clinker inventories grew by 1% month-on-month to 45Mt.

Exports reached 0.71Mt, up by 17% year-on-year. Clinker production rose by 9% year-on-year to 4.9Mt, led by Yamama Cement, which increased its output by 28% or 0.15Mt, and Riyadh Cement, up by 93% or 0.17Mt. In the first half of 2025, domestic despatches rose by 14% to 25.7Mt, compared to 22.6Mt in the first half of 2024.

Saudi Arabia: Turboden, a subsidiary of Mitsubishi Heavy Industries, has announced its first project in Saudi Arabia — a 13MW organic rankine cycle (ORC) power plant at Riyadh Cement Company. This marks the first ORC plant in the Kingdom and the largest globally.

The plant will capture residual heat from the cement plant's clinker coolers and pre-heaters (2 kilns of 5000t/day each), offering high energy efficiency and eliminating water consumption. Sinoma Energy Conservation serves as the project's engineering, procurement and construction contractor.

General manager Andrea La Gioia said "Turboden is honoured to spearhead this groundbreaking project in collaboration with Riyadh Cement Company. With around 460 ORC plants in 52 countries, 50 in ‘waste’ heat recovery application, our ORC technology represents a game-changer in the global energy landscape, and we are proud to support the Kingdom of Saudi Arabia in its transition towards cleaner, more sustainable energy sources."

Saudi Arabia: Riyadh Cement has reported its annual financial results for the period ending on 31 December 2023. Revenues were US$171m, a 7.6% year-on-year increase from US$159m in 2022. However, net profit marginally decreased by 0.6% to US$50.3m, compared to US$50.6m in the previous year.

Saudi Arabia: Riyadh Cement Company has appointed Mohammed Fouad appointed as its Business Excellence Director.

Fouad has worked for Riyadh Cement Company since 2021 as its Planning and Development Manager. Prior to this he worked a plant manager for Groupe SEB in Egypt and in technical management roles for Smart Systems for Factories Operation and Maintenance in Jordan. Cement sector roles in his career include working as a ‘Production and Operation Expert’ for LafargeHolcim from 2008 to 2016 and a Production Engineer for Cimpor from 2004 to 2008 in Egypt. He is a graduate in chemical engineering from Alexandria University and holds a master’s in business administration from the Paris ESLSCA Business School.

Saudi Arabia: China National Building Material (CNBM) subsidiary Sinoma CDI has won a US$6m contract to upgrade cement and raw materials conveyors at Riyadh Cement Company’s Riyadh cement plant. The producer has opted for elevator conveyors for mechanical transportation, in place of its existing pneumatic conveyors. It expects this to increase energy efficiency and reduce necessary maintenance. The project is due for delivery in early 2025.

Riyadh Cement Company CEO Shoeil Al-Ayed said that the project aligns with the producer’s strategic energy reduction initiatives.

Saudi Arabia: Riyadh Cement Company awarded a US$34.8m contract to China-based Sinoma Energy Conservation to install a waste heat recovery (WHR) plant at its 3.7Mt/yr Riyadh cement plant. The installation will have a power generation capacity of 12.6MW.

Saudi Arabia: Riyadh Cement has ordered an airslide analyser from Switzerland-based SpectraFlow Analytics for its white cement production line. The contract also includes raw mix proportioning software. The product is an online analyser able to measure raw materials in airslides. The vendor says that by using its analyser, and a site-specific raw mix proportioning strategy, the variation in the local raw materials can be balanced out to increase consistency of the raw meal and kiln feed quality. Also the variable MgO, Na₂O, K₂O, Cl and SO₃ content is optimally monitored.

This order is SpectraFlow Analytics’ 49th order for the cement Industry and the first airslide analyser installation in Saudi Arabia. This order raises the installed base in Saudi Arabia to seven analysers (6 crossbelt, 1 airslide) and worldwide to 71 analysers (40 crossbelt and 31 airslide).

SpectraFlow Analytics sells online analysis products to the cement, bauxite, gold, platinum, copper, potash, phosphate, coal and other minerals industries. Its products are based on near Infrared (NIR) spectroscopy as opposed to using radioactive sources or neutron generators.

Saudi Arabia: The General Authority for Competition (GAC) has fined 14 local cement producers around US$37m for price fixing. The companies were found to have broken local competition law following an investigation by GAC. They are now each liable for a US$2.7m penalty. The producers concerned are: Al-Safwa Cement; Al-Madina Cement; Umm Al-Qura Cement; Al-Jawf Cement Company; Qassim Cement; Najran Cement; Southern Province Cement; United Industrial Cement; Yamama Cement; Riyadh Cement (Saudi White Cement); Arabian Cement; Saudi Cement; Yanbu Cement; and Hail Cement.

Saudi Arabia: Riyadh Cement's full-year 2022 results show an 11% year-on-year drop in sales to US$159m, from US$179m. The producer's operating and administrative costs dropped throughout the year. As such, it recovered a net profit of US$50.5m, up by 13% year-on-year from US$56.9m.

Saudi Arabia: Riyadh Cement Company’s net profit after Zakat and tax shrank by almost 47% to US$22.6m in the first half of 2022, compared to US$42.7m in the same period in 2021. The firm ascribed the drop earnings to lower sales, with its revenues standing at US$68.8m in the first six months of 2022, compared to US$107m in the first six month of 2021, a 36% drop year-on-year.