Welcome to Raysut Cement
Company (RCC):
RCC (MSM:RCCI) is within the Gulf countries a
leading regional producer of cement, and the biggest producer in Oman, and United Arab Emirates.
In Jun 2011, RCC
acquired
50%
ownership in
Oman
Portuguese Cement Products Company LLC,
located in Sohar:Oman PEIE area, OPCP was set up in 2007 with the
facility to produce Ready Mix, Pre-cast Concrete, Blocks,
Interlock paving etc. By joining as equal partner in the
company, Raysut Cement has met one of its long standing needs to
be part of the total solution in the concrete business.
In Jan 2011, RCC acquired
100%
ownership in
Pioneer Cement Company
located in
Ras Al Khaimah (UAE), at a cost of over USD 172
Million (Cement production capacity of 1.7 Million Tons, Clinker
production capacity of 1.25 Million Tons).
RCC further operates
in Yemen with two cement receiving terminals in the East and
South of the country, through
49%
ownership of
Mukalla Raysut Cemet Company (Hadrmout
Mukalla, Aden).
RCC’s rated annual production capacity
runs at
4.7
Million tones produced in state-of-the-art facilities. RCC’s products range from Ordinary Portland
Cement to high Sulphate resisting cements, to
Oil Well Class G cements with API certification, to special blended
cements to be used in Oil/Gas well drillings.
RCC employs almost
900 people in Oman
and Yemen, UAE.
RCC
ranks
11th in
terms of revenues among the top
20
Omani corporations at the Muscat Securities Market and
1st
in profits as
% of revenues, 1st in profits as % of assets and 5th in share
price growth (Oman Economic Review, May 2008).