Possible Saudi Arabia line closures?

Possible Saudi Arabia line closures?
07 December 2010

Saudi Arabian cement companies may stop operating some production lines and start laying off workers, al-Youm reported, citing Eastern Province Cement Co. General Manager Zamil Al Muqrin.

Production capacity is bigger than local demand as Saudi companies are banned from exporting, the newspaper said, citing Al Muqrin.

One Saudi company has ceased operations on 10 out of 12 production lines and has laid off 550 workers, the newspaper added, without naming the company.
Published under Cement News