Saudi's Najran Cement sells SAR400m through an Islamic bond
Saudi Arabia’s Najran Cement has raised SAR400m (US$106.7m) through an Islamic bond of five years duration, it said in a statement on Sunday. The sukuk was privately placed with...
Najran Cement Company
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Najran launches waste heat recovery operations
Saudi-based producer Najran Cement said launched operations of its waste heat recovery project yesterday. The company successfully completed the performance guarantee tests stat...
Najran secures finance for waste heat project
Najran Cement has signed a SAR150m Sharia-compliant loan facility with Banque Saudi Fransi, aimed at financing the company’s waste heat recovery project. The loan has a maturity...
Najran Cement launches trial operations of WHR plant, Saudi Arabia
Najran Cement on Saturday launched on Saturday trial operations of the first phase of its waste heat recovery (WHR). The trial will take 10 days to complete and the commercial l...
Najran completes Line 2 maintenance, Saudi Arabia
Najran Cement has successfully completed maintenance and resumed operations of Kiln Line 2. The completion was extended by four days to 10 September to link line No 2 to a waste...
Najran delays launch of WHR project, Saudi Arabia
Najran Cement has postponed the launch of its waste heat recovery (WHR) plant by six months, the company said in a bourse statement yesterday. The Saudi-based cement producer wi...
Najran Cement hopes to re-open second line
Najran Cement announced a temporary closure of its second cement line yesterday for scheduled maintenance, which is likely to cost around SAR400,000 (US$106.655). The shutdown i...
Najran Cement appoints new board chairman, Saudi Arabia
Najran Cement has approved the appointment of Mohammed bin Mani bin Sultan Aba al-Ala as board chairman and managing director, with a three-year term. The company also named Dai...
Najran Cement resumes operations of Kiln Line 1, Saudi Arabia
Saudi-based cement producer Najran Cement has resumed operations at Line No 1 following the successful completion of maintenance.
Najran Cement undertakes maintenance on Kiln Line 1, Saudi Arabia
Saudi Arabia-based cement producer Najran Cement said it has shut Kiln Line No 1 for scheduled maintenance which will take 25 days to complete. The cost of the shutdown is aroun...