Southern Cement improves market supply
Southern Cement Company Chairman Prince Abdullah bin Musaed bin Abdurrahman Al-Saud said the company has started implementing the royal decree related to cement prices. Addressi...
Saudi Arabia
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Saudi Arabian demand seen rising 10.8% in 2012
Saudi Arabian cement consumption is expected to see a double-digit advance in 2012 thanks to increased levels of government spending, and while fuel shortage remains the key sup...
Saudi Arabia sets prices
Saudi Arabia has set the factory price of cement at SAR12/bag (US$3.20) and the retail price at SAR14/bag, the Saudi Press Agency reported, citing Minister of Commerce and Indus...
Al Jouf Cement secures loan for expansion, Saudi Arabia
Saudi Arabian cement producer, Al Jouf Cement, said it has signed and agreement with Saudi British Bank (SABB) for a SAR350m (US$93.3m) five-year Islamic facility.
Saudi monthly production rises 13%
Cement production in Saudi Arabia rose by double digits in February 2012. Output increased 13 per cent to 4.4Mt, according to data posted by local manufacturer Yamamah Cement Co...
Saudi Arabia removes restrictions on cement imports
Saudi Arabia removed restrictions on cement imports to secure extra supplies at a stable price, the Ministry of Commerce and Industry said. “There are no restrictions on cement ...
Southern Province new line begins production, Saudi Arabia
Southern Province Cement (SPC) said the production line at its Tuhama plant started commercial production last week. The new 5000tpd line brings the Tuhama plant capacity to 10,...
Al Jouf raises Saudi Arabia selling prices
Saudi Arabian cement producer, Al Jouf Cement, says it has increased cement prices by 30 per cent to SAR260/t (US$69, however, a dispute with Saudi Aramco could mean prices will...
Saudi Cement to restart line No 6 in May
Saudi Cement announced that it will restart its sixth kiln line in May this year at the latest after upgrade work is completed.
Qassim net profit up 10 per cent YoY
Qassim Cement’s full year 2011 net profit grew approximately 10% to SAR553m, according to a statement on the stock exchange website. The board is proposing a cash dividend distr...