Saudi cement producer and trader Al Jouf Cement said Monday in a bourse filing it will invest SAR885m (US$236m) to launch a second production line, in addition to a dedicated power plant.

The new production line will have a capacity of 5000tpd.

The project, to be financed with a combination of own funds and debt, will take 25 months to complete.

Al Jouf Cement has a production capacity of 1.75Mta, or 5000tpd. The company’s products include Ordinary Portland Cement (OPC) and Sulphate Resisting Cement (SRC).
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