This statistic represents the price of Portland and masonry cement in the United States 2007-2017. In 2017, the cement price came to around 113 U.S. dollars per metric ton.
The Cement sector in Saudi Arabia is facing slight headwinds due to continued impact of competitive pricing i) tax on white land-enhancing real estate developments ii) increasing the LTV ratio to. 85%-making . 1Q2016 to SAR 979 million due to detrimental effect of price and cost inflation.
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Arabian Cement Company (ARCC.CA) was first established in 1997 by a group of Egyptian entrepreneurs, who aspired to establish a leading Egyptian cement company. ACC cement plant is located in Suez Governorate- Egypt.
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The finance officer told CW that, compared to grey cement, the market for white cement was thriving. "It is a different commodity, for use in villas, tiles, precast. "It
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Major infrastructure projects and extensive plans to galvanise residential construction have fuelled demand for building materials in Saudi Arabia, prompting the government to intervene in the cement market for the second time in as many years.
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