RIYADH: According to an industry expert, Saudi Arabia’s cement sector is well-positioned to continue playing a significant role in the global market by embracing the circular economy and digital innovation to overcome obstacles.
According to Amr Nader, CEO and co-founder of cement consultancy A3&Co, who spoke with Arab News, the majority of the Kingdom’s cement plants have state-of-the-art technologies, which will allow them to reach digital maturity and accomplish operational excellence and decarbonization goals.
Nonetheless, Nader thinks most plants prioritise shifting to digital maturity, which should happen in the next two to five years.
According to TechSCI Research, the white cement market in Saudi Arabia was valued at $165.11 million in 2022. Over the forecast period, which runs from 2024 to 2028, it is expected to grow at a compound annual growth rate of 11.93 percent. High-quality cement is in high demand in the Kingdom due to major projects like NEOM and Qiddiya, as well as the growth of transport networks and entertainment venues.The CEO explained the importance of implementing oxy-fuel technology at appropriate scales, highlighting how it burns fuels instead of air by using oxygen and recirculated flue gases.
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