imported 2024-03-17 17:43:07
Marcopolis.net is ranking the top cement companies in Saudi Arabia according to their market value. Non-listed companies are not included in the ranking. These largest cement companies represent almost 5.4% of the stock market.
“We are in fact the largest cement manufacturer in the country. Our market share is slightly below 20%. We are not only the largest but also the oldest cement manufacturer, established in the early 1900s.”
Aboma Taye, Managing Director of Baraton Trade Plc
Baraton Trade started 6 years ago with a capital of about 500,000 US dollars and has grown by at least 10 times ever since into one of the leading suppliers of drilling machines for mostly infrastructure projects in Ethiopia, representing 6 foreign brands such as Japanese Furukawa and Airman. The aim now is to set up a solid base for these brands in the whole of East Africa.
Suleiman Ali Al-Taif Al-Fitur, Libyan Minister of Industry, answers the question about competitiveness of Libyan industry. According to the minister, “Libya can be a great competitor in heavy industries, we have the example of the Misurata steel industry, we are competitive in cement, petrochemicals, refining, and power generation, for example solar and wind energy.”
