Displaying items by tag: Yamama 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: Total cement sales in Saudi Arabia dropped by 2% year-on-year to 3.61Mt in March 2025 from 3.70Mt in March 2024, according to data from Yamama Cement. Domestic sales fell by almost 4% to 3.45Mt, while exports rose by 36% to 158,000t from 116,000t. Arabian Cement recorded the highest increase in domestic sales at 26%, followed by Al-Safwa Cement with 22%. Umm Al-Qura Cement posted the steepest drop at 36%, while Tabuk Cement’s fell by 34%. Al-Jouf Cement’s sales remained unchanged at 102,000t.

Three companies exported a total of 158,000 tons of cement in March 2025. Saudi Cement led with 139,000t. Clinker production fell by 6% to 5.1Mt, while clinker inventories grew 5% to 44.3Mt. Saudi Cement also led clinker exports with 153,000t, followed by Northern Region Cement with 58,000t.

Saudi Arabia: Sinoma Overseas has marked the construction of the preheater tower as part of a relocation and upgrade of Yamama Cement’s production line. The previously 10,000t/day line now has a capacity of 12,500t/day. The placement of the final structural element on the preheater tower was attended by representatives from both companies.

Sinoma posted on social media that the company had “overcom[e] significant engineering and logistical challenges – from dismantling and moving massive equipment to integrating new technology.”

With the preheater tower now complete, the company looks ahead to the plant’s commissioning and final delivery.

Saudi Arabia: Cement sales increased by 12% year-on-year in the fourth quarter of 2024, reaching 14.87Mt, Arab News reports. Sales were primarily driven by domestic demand, which accounted for 96% of total sales. Exports contributed the remaining 4%, according to data from Al-Yamama Cement. For the full year, cement sales grew by 3.7% to 51.2Mt.

Al-Yamama Cement led the domestic market in the fourth quarter of 2024, with a 13% share and sales of 1.83Mt, up by 22% year-on-year. Qassim Cement, after acquiring Hail Cement, held an 11% share with 1.63Mt of sales. Yanbu Cement, Southern Cement, and Al Jouf Cement followed.

During the same period, Saudi Cement dominated in exports with 0.49Mt, representing 80% of total shipments and a 71% year-on-year increase. Clinker production grew by 7% year-on-year in the fourth quarter of 2024 to 14.9Mt, while clinker exports fell by 28% to 1.15Mt.

Amr Nader, CEO of cement consultancy A3&Co, said “These figures may not fully align with the anticipated surge in demand from ambitious infrastructure projects. Megaprojects such as NEOM, the Red Sea project, and FIFA World Cup-related developments require vast quantities of construction materials. The maximum anticipated demand in the next five years is 78Mt/yr.”

Saudi Arabia: Yamama Cement Company recorded sales of US$76m and net income of US$26.1m for the third quarter of 2024. This marks a rise of 35% and 140% respectively from US$56.5m in sales and US$10.9m in net income in the corresponding period in 2023.

Saudi Arabia: Yamama Cement has appointed Naif bin Sultan bin Mohammed bin Saud Al Kabir as its chair. Abdullah bin Abdulrahman Al Obeikan has been appointed as the vice-chair. Members of the Compensation and Nomination Committee and the Audit Committee have also been announced.

Saudi Arabia: GAS Arabian Services Company has won a contract for the procurement of metering skids, pressure reduction stations and gas pipelines for Yamama Cement, Mist News has reported. Yamama Cement is in the process of expanding its Northern Halal cement plant to 32,500t/day in capacity.

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: Yamama Cement Company recorded net profits after Zakat and tax worth US$68.2m in 2022, a year-on-year increase of 132% from US$41m in 2021. Its revenues for 2022 amounted to US$272m in 2022, up by 39% from US$196m in 2021.

Saudi Arabia: China-based Sinoma has signed a contract with Yamama Cement for the construction of a new 10,000t/day clinker production line at its new plant site. The announcement of the engineering, procurement and construction (EPC) contract at the Arab-International Cement Conference in Amman, Jordan, came shortly after the news that Sinoma had been contracted to dismantle, move and rebuild one of Yamama Cement’s existing cement production lines in a strategic move between the producer’s old and new plant sites.