Saudi Cement Co. — Capital/Financing Update 2012

Nov 10, 2012

Saudi Cement Company announces replacement of 3 old cement mills

3030 · 10/11/2012 08:44:42 · Announcement #27618 · View on Saudi Exchange

Saudi Cement Company announces replacement of 3 old cement mills

Saudi Cement Company announces that its Board of Directors during its meeting held on Wed 22/12/1433 corresponding to 07/11/2012 resolved to replace 3 old cement mills having designed capacity of 360 ton/hour with 2 new cement mills having designed capacity of 440 ton/hour and new technology that enhances milling efficiency, cement quality, and meets environmental requirements. As a result, it is expected that additional cement milling capacity of about 600 (six hundred) thousand tons per annum shall become available. Future announcements about this project's developments shall follow once Saudi Cement Company selects the party that will supply and install the two new cement mills.

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