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RAYSUT CEMENT COMPANY

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RAYSUT CEMENT COMPANY - Energy & Power showcase

Year Founded & Workforce

1981

Industry

Energy & Power

Services

oil well cement
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RAYSUT CEMENT COMPANY Overview

Company Headquarters: Salalah, Oman

Founded: 1981

Company Working: Raysut Cement Co. is engaged in the production and sale of cement. The company manufactures portland cement, sulphur resistant cement, oil well cement, pozzolana well cement, portland limestone cement, and ground granulated blast furnace cement. It distributes its products to onshore & offshore oilfields and construction sites. It also offers shipping service, ensuring cost-effective and efficient transportation of goods.

The company has its marketing offices in Muscat and Sohar and three cement storage and packing terminals in Muscat, Sohar, and Duqm. It has its production unit located in Salalah, which handles production, marketing, sales, and logistics activities. Some of the subsidiaries of the company are Sohar Cement Factory LLC, Raysea Navigation SA, Raybulk Navigation SA, Alwasta Cement Company LLC, and Pioneer Cement Industries LLC.

Company Snapshot

$218.6M

Revenue

1981

Founded

Salalah, Oman

Headquarters

Key Developments

DateApproachDevelopment
May 2017ExpansionRaysut Cement Co. confirmed its plans to build a new cement plant at Duqm via a joint venture with Oman Cement Co. This has helped both the companies expand their cement business in the Middle East.

Product Offering

  • RAYSUT CEMENT COMPANY
    • oil well cement

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 218.6 Mn in 2020 to USD 243.4 Mn in 2022.
RAYSUT CEMENT COMPANY — By Business Segment
Series (USD Mn)202020212022
Sales218.6235.1243.4

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