CEM ASIA TRADING VOLUMES

NEWS

1st U.A.E Bulk Cement Shipment to Sri Lanka shipped by CEM Asia Trading – January 2016

CEM Asia Trading, Dubai have spearheaded the Bulk Cement exports scope from UAE thru export of the 1st OPC Bulk
Cement shipment loaded from Gulf Cement Company to Sri Lanka.

Regular shipments have been carried out within the Arabian Gulf market for Bulk Cement, but with this shipment opens a
new market for Cement Export outside the region.

Sri Lanka is a key Import market for bulk Cement with about 70% of imports into the country and imports traditionally
being done from various plants in neighboring countries like India, Pakistan and Malaysia.

1st Oman Gypsum Shipment to Bahrain shipped by CEM Asia Trading
- August 2015

CEM Asia Trading, Dubai has undertaken the first shipment of natural gypsum from Oman to Khalifa Bin Salman Port, Bahrain, for Falcon Cement. Shipments had previously been carried out from Iran to Bahrain in small barges. However, a source told CemNet News that given the high purity of gypsum originating from Oman (above 91 per cent), the company has now chosen to source gypsum from the sultanate. Indeed, this was the first bulk cargo vessel for the cement industry to be discharged at the Khalifa Bin Salman Port, the source highlighted.

1st U.A.E. Clinker Shipment Delivered to Saudi Arabia by CEM Asia Trading - June 2013

Saudi Arabia is set to receive its first shipment of UAE clinker with 50,000t recently loaded at the Mina Saqr port by CEM
Asia Trading. Clinker exports have traditionally been seen as too expensive and uneconomical, but cement producers in
Saudi Arabia are having to import volumes to keep pace with demand as mega-projects in housing and infrastructure in
cities fuel consumption. This is in sharp contrast to recent years when Saudi experienced a clinker mountain. In April of this
year, Saudi Arabia’s ruler, HH King Abdullah bin Abdulaziz Al Saud, issued a directive to import around 10Mt of cement
to offset the shortage as well as urged the construction of new cement facilities to increase local production levels.

Cement and clinker exports from the UAE have also been climbing as local producers seek to offset declines in local
consumption and raise capacity utilization levels to maintain profitability. UAE currently also delivers to Oman, Qatar,
Kuwait and Bahrain in the Gulf region, plus Iraq, Africa and even some volumes have been recorded to Brazil. Last year,
UAE producers exported 4.5Mt of both cement and clinker. In 2013, exports are expected to rise to 5Mt and 5.5Mt of cement
and clinker, respectively.