Wednesday, 10th February 2016

Addendum Announcement From Saudi Cement Company. Related To Replacement Of 3 Old Cement Mills.

2016-02-07 (1437-04-28 )

Further to Saudi Cement Company announcement on 10/11/2012 (25/12/1433) regarding replacing 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 and with expected additional cement milling capacity of about 600 (six hundred) thousand tons per annum, the Company hereby announces that its Board of Directors has resolved during its meeting on 04/02/2016 (25/04/1437) to postpone execution of this project due to existing market conditions and continuation of export ban.