Saudi Arabia records 22% production increase in December
Saudi Arabian cement sales rose 24.2 per cent YoY in terms of volume in December 2019, while total production increased 21.7 per cent to 4.7Mt from 3.86Mt, according to Mubasher...
Southern Province Cement
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Southern Province Cement to sell 20,000t of cement to Yemen
Southern Province Cement has signed an agreement to export 20,000t of Portland cement to Yemen. The contract expects to deliver the volume over a three-month period, starting fr...
Southern Province Cement 1Q profit falls 3%
Saudi Arabian cement producer Southern Province Cement Co has reported a 2.9 per cent YoY decrease in net profits in the 1Q18.
Red Sea City plan raises Saudi cement firms' share prices
Saudi Arabia’s plan to build an entirely new US$500bn city, Neom, by the Red Sea has breathed life into the country’s beaten-down cement sector.
Southern Province Cement sees two-third drop in 3Q profit
Saudi cement producer Southern Province Cement saw its third-quarter sales decrease 43.2 per cent to SAR216m from SAR380m in the 3Q16.
Saudi Cement producers see sales fall 25% in February
Saudi cement producers saw sales fall by 24.9 per cent in February 2017. Cement companies sold 4.09Mt of cement in the second month of the year, down from 5.44Mt in February 201...
Saudi Arabia: Southern Province 3Q16 profit drops 14%
Southern Province Cement posted a 14.4 per cent YoY decrease in profits from SAR202m (US$53.9m) in 3Q15 to SAR173m in 3Q16. Lower demand and higher depreciation were cited as th...
Saudi Arabia: cement firms come under pressure
Saudi Arabia’s cement activities continue to come under pressure as falling sales volume and profitability remain subdued. Companies’ operational performance was impacted due to...
Southern Province Cement Line 2 due for end-June completion
Work on Southern Province Cement's second production line at its Bishah plant in Saudi Arabia has been delayed, according to a company statement to the Saudi bourse. The company...
Saudi: Southern Province Cement commercial operations from new line
Southern Province Cement launched on Monday the commercial operations at the third line of its Tihama plant, with a clinker production capacity of 5000tpd, the company said in a...