Qassim Cement Co. — Capital/Financing Update 2021

Aug 12, 2021

Qassim Cement Company announces a new production line in the company’s plant with a production capacity of 10,000 tons / day to replace some of the current production lines

3040 · 12/08/2021 09:41:29 · Announcement #64501 · View on Saudi Exchange

Qassim Cement Company announces a new production line in the company’s plant with a production capacity of 10,000 tons / day to replace some of the current production lines

Element List	Explanation
Date of Board Resolution in Regard to the Project	2021-08-11 Corresponding to 1443-01-03
Project Start Date	The Execution of the project is expected to start in the first half of 2022
Project Cost	To be announced later after completing studies
Financing method for the project	To be announced later
Expected completion date of the project	To be announced later
Expected Impact on the Company’s Financial Results	To be announced later
Expected Date on Which the Impact on the Financial Results of the Company will Start	To be announced later
Expected Date for the Pilot Production of the Project to Begin	To be announced later
Duration of the pilot production of the project	To be announced later
Expected date for the commercial production of the project	To be announced later
Executing Party/Counter Party in the Project/Contract	To be announced later
Related Parties	There are no related parties

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