Raysut Cement inaugurates new packing machine

27/03/2018 07:31 AST

Raysut Cement Company, the regional leader and largest producer of cement in Oman, recently inaugurated its new state of the art fully automatic packing machine.

The new packer, installed by a leading European equipment manufacturer, now doubles the packing capacity of Raysut Cement's Salalah plant which has a clinker capacity of three million tonnes per year three million tonnes per year. This additional capacity will enable an additional one million tonne per year bagged cement supply into Raysut Cement's export markets of Yemen, Somalia and East Africa. The total investment for this expansion was OMR1.5 million.

Raysut Cement Company distinguishes itself from other cement producers in the region by the variety and quality of its products and customer-focused marketing and logistics.

The project was inaugurated by Joey Ghose, the CEO and a number of department managers and company staff at the company headquarters.


Times of Oman

News

Raysut Cement shareholders approve proposal to sell Oman Portuguese Ce

27/07/2017

Raysut Cement said its shareholders have approved a proposal to sell Oman Portuguese Cement Products Co. to Opal Development Co.

The decision was taken at an extraordinary general meeting

Times of Oman

Raysut Cement proposes 65 per cent cash dividend

28/02/2017

Raysut Cement Company, the Sultanate's biggest cement producer, on Monday proposed a cash dividend of 65 per cent for 2016. A year earlier, it had paid 50 per cent dividend. The board's recommendatio

Times of Oman

Oman's Raysut Cement fourth quarter net profit falls 11.9%

16/01/2017

Oman's Raysut Cement reported a 11.9 per cent decrease in fourth-quarter net profit on Sunday, according to Reuters calculations. Net profit rested at 4.53 million riyals (Dh43.3 million, $11.78 mill

Gulfnews

Most Viewed Companies

Ticker Price Volume

Valuation

RCCI Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
IQCD 11.86 0.15 (1.28%)
IGRD 4.29 -0.01 (-0.24%)
QEWS 14.40 0.10 (0.69%)
MPHC 1.16 0.00 (0.00%)
QAMC 1.69 -0.01 (-0.59%)

Recent News

2PointZero sells stake in TAQA to Abu Dhabi Power

12/06/2026

2PointZero Group, a next-generation investment powerhouse focused on energy and consumer sectors, today completed the sale of its full 7.29 percent stake in Abu Dhabi National Energy Company PJSC (TA

Trade Arabia

Emaar to unveil Dh200 billion Dubai masterplan for 150,000 residents

12/06/2026

Emaar Properties is preparing to unveil a Dh200 billion master-planned development in the heart of Dubai, in what the company says will be one of the largest urban districts it has ever conceived.

Gulfnews

MGC withdraws Tadawul IPO despite full institutional coverage

11/06/2026

Saudi Arabia's main stock market has witnessed a rare development after Moutlaq Al-Ghowairi Trading and Contracting Co. (MGC) withdrew its planned initial public offering despite completing the insti

Saudi Gazette

Dubai Islamic prices $1bn additional Tier 1 six-year sukuk

11/06/2026

Dubai Islamic Bank (DIB), rated A3 by Moody's and A by Fitch, has successfully priced a $1 billion Additional Tier 1 Perpetual Non-Call 6-Year Sukuk at a profit rate of 6.250 percent, equivalent to a

Trade Arabia

Aramex Group Binding Corporate Rules for Controllers by Dutch authority

11/06/2026

Aramex and ICT Legal Consulting International BV (ICTLC International) have announced the approval of the Aramex Group Binding Corporate Rules for Controllers (BCR-C) by the Dutch supervisory authori

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap