Saudi cement manufacturer Arabian Cement has recorded a SAR50.9m (US$13.57m) net loss in the second quarter of 2018, compared with a SAR35.5m profit seen in the year-ago period.
Net sales also saw a significant 51.5 per cent YoY fall to SAR107.8m from SAR222.4m in the period.

Holcim Ecuador appoints new production manager at Guayaquil
Holcim Ecuador has welcomed Ivanoff Rojas, as the new production manager of its Guayaquil cem...