Page 7 - Raysut Cement News Today

Raysut Cement breaks ground on Salalah cement plant waste heat recovery unit Written by Global Cement staff 21 January 2021 Oman: Raysut Cement has held a groundbreaking ceremony for a new 9MW waste heat recovery (WHR) unit at its Salalah cement plant. The Times of Oman newspaper has reported that China-based Sinoma Overseas Development will undertake the engineering, procurement and construction work on the project. The producer said that ...

Groundbreaking ceremony of Raysut Cements 9MW waste heat recovery system held By: Times News Service Muscat: Raysut Cement Company (RCC), Oman’s largest cement manufacturer held a groundbreaking ceremony triggering the start of the construction of its new 9MW Waste Heat Recovery system in its main plant in Salalah, Oman. The development of 9MW waste heat recovery system, a strategic expansion for the Muscat Stock Market (MSM)-listed RCC will complement the company’s leadership in cement man...

Raysut Cement’s revenue grows by 7% to US$235m in 2020

Most Mideast Equity Gauges Fall as Earnings Roll In: Inside EM Bloomberg 1/17/2021 Filipe Pacheco © Bloomberg The Burj Khalifa skyscraper, left, stands above other skyscrapers on the city skyline, seen from Dubai Creek Harbour Development in Dubai, United Arab Emirates, on Sunday, Sept. 6, 2020. Dubai made a rare foray into public bond markets, revealing along the way that its debt burden is now a lot smaller than estimated by analysts only months ago. (Bloomberg) -- Qatar ...

Omans share index ends marginally higher

Omans share index ends marginally lower By: United Securities Muscat: The MSM index closed at 3,725.35 points, down 0.15 per cent from the previous close. The Sharia Index ended up 0.53 per cent at 527.41 points. Al Jazeera Steel Products, up 7.33 per cent, was the top gainer while Raysut Cement, down 6.63 per cent, was the top loser. Shares of OIFC was the most active in terms of the number of shares traded while Bank Muscat was the most active in terms of turnover. A total number of 275 trade...

Raysut Duqm Cement Factory financing announced 21 December 2020 To support initiatives to scale up the industrial sector in Oman, ahlibank has announced the financing of OMR8.1m (US$21.1m) for Duqm Cement Factorys new cement grinding plant in Duqm Industrial Estate.  A signing ceremony with Duqm Cement Factory, a wholly-owned subsidiary of Raysut Cement, took place on 10 December, the Times of Oman reported. Signing the agreement on behalf of ahlibank was Hanaa Al Kharusi, Gen...

Duqm Cement Factory secures funding for Duqm grinding plant Written by Global Cement staff 16 December 2020 Oman: Raysut Cement subsidiary Duqm Cement Factory has signed a deal with Ahlibank for a US$21m loan for the construction of its Duqm grinding plant in Al Wusta Governotate. The grinding plant will produce ordinary Portland cement (OPC), Portland limestone cement (PLC) and ground granulated blast furnace slag (GGBFS), according to the...

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Raysut Cement inaugurates leisure facilities Written by Global Cement staff 14 December 2020 Oman: Raysut Cement has inaugurated new leisure facilities at the Al Wafa Social Centre in Salalah. The company oversaw the establishment of a rehabilitation hall and hydrotherapy facility and reequipped the centre with new sports equipment. Salalah cement plant general manager Mohammed Ahmed Aideed said, “The opening of this project comes within ...