ANALYSIS OF YANBU CEMENT COMPANY AND IS PRODUCT
Name
Institution
History of YANBU Cement Company
YANBU Cement Company is a joint stock Saudi company formed in the year 1977. It produces different kinds of cement such as the Portland cement and the Portland Pozzolan Cement. The company owns about 60% of Yanbu Saudi Kuwait for Paper Products Co. Limited. The company currently has a capacity of 22,500 tpd per day. The company sells most of its products in Makka and Madina and other Western regions of the Kingdom of Saudi Arabia. The company operates in the rapidly growing Saudi cement industry. Saudi Arabia is the third largest producer of cement after Iran and Egypt.
Product, features and history
Cement is a finely ground compound of limestone and clay or marl (Chandigarh, 2001). It is used in hydraulic binding since it hardens and binds together aggregates and becomes waterproof thereafter. The most popular use of sand is in building and construction where it is used to bind sand and gravel to obtain concrete used in constructing houses, roads, water channels, among others. Yanbu Cement company produces different types of cement such as Portland cement types I, II, III and IV.
Effects of changing prices and other factors
Changing prices
Yanbu operates in a highly competitive industry with several well-established cement manufacturers. Its main competitors include Saudi Cement, Yanama Cement, Arabian Cement, Qassim Cement, Al Safwa cement, among other cement companies. By the year 2010, Yanbu had the second largest cement production capacity after Saudi Cement. The price charged for each bag of cement is a major determinant of demand for a company’s cement in the market. According to the law of demand, m...
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... has contributed to higher volumes of production. Saudi Arabia is endowed with large deposits of limestone making it a suitable location for cement manufacturing. Proximity to the source of raw materials also reduces the transport cost.
Finally, government policy influences the supply of cement. A price ceiling on cement leads to a reduction in cement supplied in the domestic market and an increase in the quantity exported. An export ban restricts cement manufacturers to supply their products to the domestic market. In addition, government control is effected through issuance of licenses to cement manufacturers. The cement industry had been dominated by eight companies but this has changed with the issuance of licenses to additional seven companies. An increase in the number of firms licensed to manufacture cement leads to an increase in the supply of cement.
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Qatar has an expanding manufacturing industry and myriad construction projects. There is growing road congestion due to the increase in the country’s population which leads to Negative Production Externalities, “a cost that is suffered by a third party as a result of an economic transaction”.
In the next decades the cement consumption is expected to grow by 4.4% per year for developing countries and 0.9 for developed countries. This way I believe that one of the best strategy for CEMEX to continue its growth as a leader in cement industry is to invest and open plants and distribution centers in some of developing markets in Eastern Europe and Africa, where the demand for cement is expected to increase dramatically by 85% to 2020. The pros about this alternative is that the company could expend their markets and will increase their profit but at the same time the investment will be bigger and the return could be in a long term.
First of all, Saudi Arabia and China have some similarities. The former has the international airports and the latter has too. Saudi Arabia keen on literature just as China does. Fast food is popular not only in China put also in Saudi Arabia, for examples, Mc Donald's hamburgers, French fries and Kentucky fried chicken. In addition, both Saudi Arabia and China have made a mutually enriching exchange of cuisine. There are Chinese restaurants in Saudi Arabia, where diners can enjoy Chinese food, for instance Chinese meal in Suzhou with rice, shrimp, eggplant and vegetable s...
Almost no other material manages to carry such contradictory associations. Stigmatized on one hand, celebrated on the other, it evokes highly diverse reactions this material is cement. Cement is a finely ground powder binder, a substance that sets and hardens and can bind other materials together, when mixed with water forms a hardening paste of calcium silicate hydrates and calcium aluminates hydrates. Cement is used in mortar and concrete (bulk rock-like building material made from aggregate, sand, and water). By modifying the raw material mix and the temperatures utilized in manufacturing, compositional variations can be achieved to produce cements with different properties. Cement, chemically speaking, is a product including lime as the
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Cement china (2013). Dangote invests $28M in Ghana cement packaging plant.[Online]Available at: http://www.cementchina.net/news/shownews.asp?id=7442[accessed November 21 2013]
Concrete is a composite material used widely in the construction industry. Concrete is basically a mixture of cement, water, aggregates and admixture (sometimes). Cement is a fine gray powder that consists of oxidizes calcium, silicon and aluminum. The aggregate used is normally gravel, crushed stone or sand. Admixture is a solid or liquid substance that gives a certain characteristics of the concrete. The cement reacts with water chemically and binds the aggregates together through a process called hydration during hardening or curing of concrete. It means that water helps in the hardening of the concrete while the cement bind the aggregate and also react with water to form a solid mass.
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Saudi Arabia’s capital market is considered to be young compared to other financial markets in the region. Saudi financial markets have been developing slowly because most enterprises in the country are either government owned or family-owned, most of which was funded through state budget, and as a result reduced the need for financing. In the recent past, Saudi Arabia has focused on a careful measurement for structural developments and regulatory changes. However, different phases of historical development of the capital market which can be classified into three phases; pre-industrialization phase, post industrialization phase and growth phase that sparked changes and shaped the kingdom 's capital market on
Concrete is Artificial Stone obtained by mixing cement, sand and aggregates with water. Fresh concrete can be molded into almost any shape which is an inherent advantage over other materials.
Cement : Cement should develop appropriate strength. The Ordinary Portland Cement of 53 grades conforming to IS: 8112 is being used.