05-06 Oct, 2015 - Dubai, U A E
Pullman Deira City Centre Dubai
Pullman Deira City Centre Dubai
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Saudi Arabia is a key cement producer and consumer in the Middle East. Cement sales in 2015 are expected to rise with improved demand.
Saudi Arabia currently has trillions of dollars of projects in the pipeline including the Jeddah Metro, expansion of the Prophet's Mosque in Medina to name a few.
The country’s cement market is keeping up with the pace of development in the construction sector. It’s believed that the country has sufficient cement production capacity to meet the demands of the construction sector. In 2015 , the country had almost 60 million tons of cement production capacity, and next year more than 5 million is expected to be added. By 2017 it’s estimated that Saudi Arabia will have over 70 million tons of cement capacity – which is almost double the production capacity of the UAE and Qatar put together.
Despite sufficient capacity to meet demand, the market is facing challenges of price competition, especially in the Western region.
The Western region faces stiff competition as it’s the largest market in the country with four major cities: Jeddah, Mecca, Medina, and Ta'if with the highest population in the Kingdom. All cement producers – new and old, big and small are dumping their products in this region which is creating price competition.
The country has approximately 15 cement companies. Yanbu cement is the third biggest cement company in Saudi, in terms of production, sales and revenues with current market capitalization of almost USD 3 billion. It is the leader in the Western region market.
This year Yanbu Cement signed an agreement with China’s Sinoma Energy to install a waste heat recovery system. Yanbu is planning to increase sales, hence requires more clinker grinding. In order to increase the availability of grinding mills, more electricity is required. The tie up with Sinoma will help produce 34 megawatts of electricity – which is the largest of its kind for the cement industry in the world. The project is environment friendly as carbon emissions will be reduced by more than 100,000 tons.
Yanbu’s cement will be used in the expansion of the Prophet's Mosque in Medina. The company is also eyeing the mega project – Jeddah metro – which is in design stage currently and contract execution is expected in 2016.
‘Saudi’s Construction Sector Outlook & Cement Consumption Analysis’ will be addressed by Fadi Mujahed, Chief Commercial Officer, Saudi Readymix Concrete at 10th Middle East CemenTrade Summit scheduled on 5-6 October, 2015 in Dubai, UAE.
Contact Ms. Grace at grace@cmtp.com.sg or call +65 6346 9147 for more details about 10th Middle East CemenTrade summit.
14 Sep, 2015
Iranian Industry, Mining, and Trade Minister Mohammadreza Nematzadeh has said that Iran’s annual cement output will reach 120 million tons by 2025.
In fact the country, the largest cement exporter in the Middle East and third in the world, has increased its cement production recently. The Middle Eastern country clocked 61 million tons of cement in first eleven months of current Iranian calendar year.
In addition, Iran has produced 64 million tons of clinker during the same timeframe, which is manufactured by sintering limestone and clay during the cement kiln stage.
It’s reported that Iran exported 17.5 million tons of cement and clinker in the 11-month period of the current Iranian calendar year.
The country’s current annual cement output is estimated to be approximately 80 million tons, of which 50 million tons is used for domestic consumption.
‘Iran’s Position as Exporter in the Middle East – Post Sanction Scenario’ will be discussed by S.H. Parhizgar, Managing Director, Khalagh Tadbir Pars (KTP) Co. at 10th Middle East CemenTrade summit to be held on 5-6 October, 2015 in Dubai.
Contact Ms. Grace at grace@cmtp.com.sg or call +65 6346 9147 for more details about 10th Middle East CemenTrade summit.
19 Aug, 2015
CNBM International Engineering Co Ltd, an international project integrator for the cement industry, has secured a turnkey contract with Arabian Cement Co., a leading Egyptian cement company. Under the deal CNBM will build a 10,000tpd clinker line in Jeddah, Saudi Arabia. The project will be CNBM Engineering's largest order in international cement engineering markets till date.
Arabian Cement Company (ACC) is confident that CNBM's Engineering mode "CNBM Plus" would bring the best project quality and a rapid return on investment.
CNBM Engineering already has a sound portfolio of over 10 completed turnkey cement plant projects across the Middle East, Africa, Central Asia and Americas.
In Saudi Arabia alone CNBM has completed the first and second line projects for Northern Region Cement Company (NRCC). Plus, it also is involved in a turnkey project for Southern Province Cement, that includes a 5000tpd clinker line.
More cement projects will be discussed at CMT's 10th Middle East CemenTrade on 5-6 October, 2015 in Dubai.
Email grace@cmtsp.com.sg or call +65 6346 9147 for more details about this summit.
11 May, 2015
