
Displaying items by tag: Qatar
QNCC reports lower Q1 profit
25 April 2017Qatar: Qatar National Cement Company (QNCC) reported that it made a net profit of US$23.3m in the first quarter of 2017, a 31% fall compared to a net profit of US$34.0m posted for the first quarter of 2016. QNCC is currently in the process of constructing a 5000t/day production line, its fifth, along with Fives Group of France.
Qatar: France’s Fives has released further information about its work on the 5000t/day cement production line for Qatar National Cement Company. Fives installed the 6.6MW FCB B-mill of the raw meal grinding plant in March 2017. Installation of the raw mill shell was completed on 29 March 2017. The shell weighs 198t, has a length of 17.2m and a diameter of 6.4m. It was moved and erected using a self-propelled modular transporter. This project step followed the commissioning of the two FCB B-mills at the cement grinding plant in January and February 2017, and the signature of the related provisional acceptance in April 2017.
Qatar: Qatar National Cement Company plans to commission two cement mills for its Plant 5 during the first half of 2017 to increase its production capacity to 5500t/day. Then, construction work on the kiln will be completed in the second half of the year, according to comments made by Salem bin Butti Al Naimi, chairman and managing director of the company, that were reported by the Peninsular newspaper. The company intends to increase its production capacity of washed sand and calcium carbonate to capture an anticipated rise in market demand. It also intends to sell its Plant 1 to Umm Bab following an agreement in mid-2016.
The cement producer’s revenue fell by 2.6% year-on-year to US$313m in 2016 from US$321m in 2015. Its cement sales volumes fell slightly to 3.7Mt during the period. Its net profit rose by 2.3% to US$130m from US$127m.
Fives commissions mills at projects in Mexico and Qatar
22 February 2017Mexico/Qatar: Fives has released information on cement plant projects in Mexico and Qatar. It commissioned a second FCB Horomill unit on 31 January 2017 at the cement grinding plant of Cementos Fortaleza, as part of the new 3300t/day complete line under construction at the Tula cement plant in Hidalgo. The first unit was commissioned in early December 2016.
Fives FCB was awarded the engineering, procurement and construction (EPC) contract from Cementos Fortaleza in mid-2015 for the design, supply, erection and commissioning of the cement production line. It includes a burning line using a FCB Kiln, FCB Zero-NOx Precalciner, FCB Preheater and Pillard Novaflam burner; raw meal and cement grinding plants using FCB Horomill and associated FCB TSV™ Classifiers; and a petcoke grinding plant using a FCB B-mill and associated FCB TSV Classifier. The FCB Horomill raw meal grinding plant and FCB Kiln are scheduled for commissioned in the second quarter of 2017.
In Qatar, Fives commissioned a cement milling unit on 6 February 2017 for Qatar National Cement Co.'s fifth production line in Umm Bab. This follows the commissioning of another mill at the site on 25 January 2017.
The mills are part of a 5000t/day production line that Fives is building for the client covering raw material preparation to cement despatch. The equipment ordered includes one 6400 kW FCB B‑mill with a FCB TSV7500 Classifier for the raw meal grinding plant, one five-stage FCB Preheater and a FCB Zero-NOx Precalciner, along with a FCB Kiln for the burning line, two TGT process filters and two 4200 KW FCB B‑mills with their FCB TSV4000 Classifiers for the cement grinding plant.
Qatar: Qatar Primary Materials Company (QPMC) plans to inaugurate its new cement silo project in the first quarter of 2017. The project is located at the Port of Mesaieed and includes two cranes, two conveyor belts, 12 silos each with a storage capacity of 5000t and a total of 60,000t, according to the Gulf Times newspaper. The silos will have a discharge rate of 250t/hr with a total of 1000t/hr. QPMC’s chief executive Eisa al-Hammadi said that the silos were to ensure a ‘sustainable’ supply of cement in the country. The site is intended to store and discharge over 2Mt/yr of cement.
QPMC completed its Bulk Materials Handling System in late 2016, a 4.8km conveyor belt system connecting the Port of Mesaieed to storage areas. The conveyor operates at a speed of 3m/s allowing material to be transported to the destination in under 30 minutes. The building materials distributor says that the conveyor is the first in the Middle East and one of the longest in the world.
Qatar: Qatar National Cement Company (QNCC) has signed a financing deal with Saudi Arabia’s Samba Financial Group (Samba) for US$100m. The facility, which has a two-year grace period, will go towards financing the construction of the company’s fifth cement plant and should be repaid in three and half years.
QNCC signed a letter of intent with Fives FCB in 2014 to build the 5000t/day clinker production line at a cost of US$261m. The plant was expected to become operational within 27 months, according to local media. The company decided to build its fifth cement plant in response to an expected increase in demand in the run up to the 2022 FIFA World Cup being held in Qatar. In June 2016 QNCC also announced plans to close cement plant 1 with effect from the start of the month.
Qatar to get through 5.7Mt of cement in 2017
11 July 2016Qatar/Saudi Arabia: Saudi Arabia's decision to lift its cement export ban may help to meet Qatar's growing demand ahead of the FIFA World Cup 2022. Official data suggests that the peak demand for cement from Qatar's thriving construction and infrastructure industries is expected to reach 5.7Mt in 2017. Due to its population of around 2.2 million, this represents an incredible 2600kg/capita.
The Saudi government previously imposed a ban on cement exports in 2008 to push prices down and accommodate demand from large government-funded infrastructure projects, although some companies were allowed to export at prices lower than those in the local market.
According to market analysts, strong infrastructure spending by the Qatar government on infrastructure development will continue to boost demand for the cement sector. Huge projects are in the pipeline, including the Doha Metro, World Cup stadiums, roads and flyovers and sanitary works.
Qatar National Cement Company profit increases by 10% in 2015
26 January 2016Qatar: Qatar National Cement Company has reported that its profit rose by 10% year-on-year to US$127m in 2015 compared to US$115m in 2014. Revenue increased by 11% to US$321m from US$288m. Gross profit increased by 6% to US$130m from US$123m.
Al Khalij Cement Company adds new cement line
02 December 2015Qatar: Al Khalij Cement Company has added a duplicate production line to take its total cement production capacity to 15,500t/day, which will help Qatar meet rising cement demand in view of the strategic infrastructure projects being undertaken ahead of the 2022 FIFA World Cup.
"We can say that we are now the largest producer of Ordinary Portland Cement in Qatar," said Al Khalij Cement Company's Managing Director Faisal bin Abdullah al-Mana. Highlighting that the estimated total cement demand in Qatar is 20,000 - 22,000t/day, al-Mana said that, with the addition of production capacity from Al Khalij, the country will be able to meet the growing demand domestically.
In 2013, Denmark's FLSmidth won a US$95.9m order for the supply of a complete cement production line for Al Khalij's plant in Umm Bab. The production line is identical to the existing line, which was supplied by FLSmidth in 2007. The strategy to have identical production lines, according to al-Mana, will make the maintenance and sourcing of spare parts easier.
Qatar National Cement profit slightly up
05 November 2015Qatar: Qatar National Cement Company (QNCC) has reported that its profit for the nine months ending on 30 September 2015 was US$98.6m, compared to US$91.2m in the same period of 2014. This represents a year-on-year rise of 8.1%. Revenue for the nine months to 30 September 2015 was US$233m, compared to US$212m for the nine months to 30 September 2014, a rise of 9% year-on-year.
The company's gross profit for the nine months to 30 September 2015 was US$96.2m, compared to US$93m for the same period of 2014. QNCC's other income for the nine months to 30 September 2015 was US$10.8m, compared to US$6.5m for the same period of 2014.