Saudi Southern Province improves

Saudi Southern Province improves
Published: 04 March 2004

Saudi cement producer, Southern Province Cement (SPC), reported a total output of 3.8Mt of cement for 2003, compared to 3.7Mt for 2002, recent statistics showed.  Local sales stood at 3.596Mt, against 3.628Mt, while cement exports rose to 212,000t from 57,000t. The company produced 4.1Mt of clinker, compared to 3.6Mt the year previous. Clinker exports totalled 597,000t, down from 1.2Mt. Southern Province Cement was established in 1978 and is based in Abha, southwestern Saudi Arabia. The company posted a net profit of SR500.8m (US$133.5m) for 2003, up from SR482.5m (US$128.7m) in 2002.  The combined cement output of the eight cement companies, operating in the Kingdom, stood at 24.1 million tonnes, compared to 23.2 million tonnes.