Saudi Arabia's Eastern Cement to invest SR82m in new mill
- Saudi Arabia: Monday, February 18 - 2013 at 04:22
Saudi-based Eastern Province Cement Co has unveiled plans to build a new cement mill at a total cost of SR82m ($21.86m) with a production capacity of 150 tonnes an hour, Zawya Dow Jones has reported. The new plant will enable the company to tap to the maximum its clinker production capacity, and will have a positive impact on its sales starting from the second quarter of 2014, as the project is expected to be completed in 14 months, the firm said.
- Iran plans national fleet expansion
- Total acquires 80% stake in Kurdistan block
- BlackBerry gears up to open first Middle East...
- Gamification hits the Middle East
- Forum International introduces www....
- Twofour54 Briefing Room connects companies with...
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by Mediaquest FZ LLC and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
Mediaquest FZ LLC can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of Mediaquest FZ LLC.
In no event shall Mediaquest FZ LLC be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.