India's ACC 2009 net up, sees growth in 2010 Reuters The company said it expected the cement industry to grow by 8 to 10 percent this year, helped by the government thrust on infrastructure and increased ... and more » More ...
Nigeria Cement Makers Cut By HSBC on Fuel Shortages Bloomberg While the fuel crisis is damaging the growth prospects for the three downgraded companies, HSBC said is 'still positive” on the Nigerian cement industry , ... More ...
Emirates Business 24/7 Cement firms told to comply with new price structure Emirates Business 24/7 Union Cement Company, one of the UAE's largest producers reported that the total sales revenue decreased by 58 per cent in 2009 compared to 2008. ... and more » More ...
S.Africa coal exports to India to rise to 25 mln tonnes/yr Reuters South Africa ... coal exports conference in Cape Town that power is making up 70 percent of the country's demand for coal, followed by the steel and cement industry . and more » More ...
COAL-VIETNAM/TRADE (URGENT) Reuters UK Vietnam had to turn to coal imports because of the booming cement industry and increased power projects in the country, he said. ... and more » More ...
Grasim Post Biggest Profit Gain in Three Years on Cement Sales Bloomberg 'We have a strong intent to grow in the cement sector and for that we will increase our capacity,” Chief Financial Officer Adesh Gupta told reporters in ... and more » More ...
FACTBOX-Venezuela's state takeovers under Chavez Reuters Chavez ordered the nationalization of the cement industry in 2008, affecting Mexico's Cemex (CX.N), Switzerland's Holcim (HOLN.VX) and France's Lafarge SA ... and more » More ...
Union Cement 's profit falls 64% GulfNews Abu Dhabi: Union Cement Co, one of the UAE's largest producers, yesterday reported annual profit fell by 64 per cent in 2009 compared to the previous year, ... More ...
Emirates Business 24/7 Big ticket projects needed as UAE cement output likely to increase by 19% in 2011 Emirates Business 24/7 Other income, which in the past continued to cushion the bottom lines of the UAE cement sector , put a circuit breaker this time around due to their heavy ... More ...
Camargo eyes Cimpor cement tie-up in challenge to CSN Reuters Analysts have suggested that a fair price of Cimpor, based on previous deals in the cement sector , would be between 6.6 euros to 7.8 euros a share. and more » More ...
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India's ACC 2009 net up, sees growth in 2010 Reuters The company said it expected the cement industry to grow by 8 to 10 percent this year, helped by the government thrust on infrastructure and increased ... and more » More ...
Nigeria Cement Makers Cut By HSBC on Fuel Shortages Bloomberg While the fuel crisis is damaging the growth prospects for the three downgraded companies, HSBC said is 'still positive” on the Nigerian cement industry , ... More ...
Emirates Business 24/7 Cement firms told to comply with new price structure Emirates Business 24/7 Union Cement Company, one of the UAE's largest producers reported that the total sales revenue decreased by 58 per cent in 2009 compared to 2008. ... and more » More ...
S.Africa coal exports to India to rise to 25 mln tonnes/yr Reuters South Africa ... coal exports conference in Cape Town that power is making up 70 percent of the country's demand for coal, followed by the steel and cement industry . and more » More ...
COAL-VIETNAM/TRADE (URGENT) Reuters UK Vietnam had to turn to coal imports because of the booming cement industry and increased power projects in the country, he said. ... and more » More ...
Grasim Post Biggest Profit Gain in Three Years on Cement Sales Bloomberg 'We have a strong intent to grow in the cement sector and for that we will increase our capacity,” Chief Financial Officer Adesh Gupta told reporters in ... and more » More ...
FACTBOX-Venezuela's state takeovers under Chavez Reuters Chavez ordered the nationalization of the cement industry in 2008, affecting Mexico's Cemex (CX.N), Switzerland's Holcim (HOLN.VX) and France's Lafarge SA ... and more » More ...
Union Cement 's profit falls 64% GulfNews Abu Dhabi: Union Cement Co, one of the UAE's largest producers, yesterday reported annual profit fell by 64 per cent in 2009 compared to the previous year, ... More ...
Emirates Business 24/7 Big ticket projects needed as UAE cement output likely to increase by 19% in 2011 Emirates Business 24/7 Other income, which in the past continued to cushion the bottom lines of the UAE cement sector , put a circuit breaker this time around due to their heavy ... More ...
Camargo eyes Cimpor cement tie-up in challenge to CSN Reuters Analysts have suggested that a fair price of Cimpor, based on previous deals in the cement sector , would be between 6.6 euros to 7.8 euros a share. and more » More ...
27 February 2008 - AGM approves 15% cash and 15% share dividends
31 December 2007 - AED 554,400,000
31 March 2007 - AED 554,400,000 (10% bonus shares added for 2006 FY)
31 December 2006 - AED 504,000,000 (100% bonus shares issued for 2005 FY)
31 December 2005 - AED 252,000,000
31 June 2005 - AED 252,000,000 (20% bonus shares issued for 2004 FY)
31 December 2004 - AED 210,000,000
31 December 2003 - AED 210,000,000
03 February 2008
General Manager is Abdullah Saeed Al Sayah according to 2007 Preliminary Report
from UCC.
Nothing obvious in the full accounts relating to purchase of RAK Energy
shares (decided in 17 Dec 2007 BOD meeting).
17 December 2007
BOD meeting 09 December 2007 reported that
Abdullah Saeed Al Sayah / Sayyah was appointed as General Manager from 01
January 2007 since the management contract of Heidelberg Cement expired on 31
December 2007. Presumably UCC meant from 01 January 2008, and that Magnus Dalen
is no longer serving as General Manager, although that wasn't stated.
UCC have decided to invest in 35% of RAK Energy's authorised capital of
AED 500 million which would be AED 175m, but that wasn't explicitly stated
(see Union Cement
buys RAK Energy stake).
23 March 2007
Abdullah Sayah is CEO according to ADSM
Volker Schneider is General Manager according to April 2005 report.
Magnus Dalen is General Manager according to June 2006 report.
Union Cement, PO Box 170, Ras Al Khaimah, UAE. Tel +971-7-2668166.
Domain not found or website not active.
uccrak@emirates.net.ae - Union Cement email.
UCC - related external links (open in new window)Top
www.sca.ae - ESCA profile. Includes share ownership details, board of director names, meeting dates, financial statements and annual report.
www.adx.ae - ADX financial disclosures, news and information.
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