Saudi Arabia: The Arabian Cement Company has posted a net profit of US$109m for the year ending 31 December 2011, an increase of 59% compared to the US$68m that it made in 2010. Its gross profit reached US$130m in 2011, an increase of 58% compared to US$85m in 2010, and its operating profit was US$120m, a rise of 55% compared to US$77m. The company attributed the profit rise in 2011 to increases in production and sales.
Arabian Cement Company profits up by 59% in 2011
Register for the 11th Global CemFuels Conference & Exhibition
2 - 3 February 2017, Barcelona, Spain
The 11th Global CemFuels Conference & Exhibition will take place on 2 - 3 February 2017 in Barcelona, Spain. Global CemFuels has established itself as the largest specialised annual alternative fuels conference in the world, attracting international delegates from more than 30 countries each year.
If your business is in alternative fuels for the cement and lime industry, you must attend!