The cement sales volumes across the Kingdom of Saudi Arabia declined by 6.7% y-o-y and 21.3% m-o-m to hit 3.37 MT, reflecting the holiday effect and recent geopolitical developments, according to a new report. The sales volume for the first three months fell by 4.7% y-o-y to 12.76 MT.
The World Cement Association (WCA) has called for greater global collaboration and technological advancement to navigate industry transformation.
Global cement industry leaders, policymakers and technology providers will examine the strategic, operational and sustainability challenges shaping the sector’s next phase of transformation at a major conference in April.
Holcim, a global leader in sustainable construction, has announced that it has joined hands with 44.01, a key environmental services company, for its first pilot project in Fujairah to mineralise CO₂ captured from the cement industry.
RHI Magnesita, a global leader in refractory products and services for the steel, cement, glass, and non-ferrous metals industries, has strengthened its operations in the Middle East, Türkiye and Africa region by setting up its regional head office in Dubai.
Cement sales in Saudi Arabia increased by 7.3% year on year (y-o-y) and 8.1% month-on-month (m-o-m) to 5.24 mt in October. This is the highest monthly sales since March 2021, said an Al Rajhi Capital research note.
Cement sales volumes across the Kingdom of Saudi Arabia fell in December on both an annual and monthly basis, reflecting softer demand at year-end, although full-year volumes still posted strong growth driven by gains from leading producers, said a report.
