City Cement Company, known in the stock market as City Cement, is a Saudi joint-stock company listed on the Saudi Exchange (Saudi Tadawul). Its shares are traded on the main market platform under the basic materials sector. It is a company that specializes in the production and sale of all types of cement.
City Cement Company is not subject to investment restrictions according to its Articles of Association and the regulations issued by supervisory and regulatory authorities in the Kingdom of Saudi Arabia. It is traded on Tadawul under the symbol (3003) and ISIN (SA134G51ETH6).
City Cement Company has one Saudi subsidiary, City Cement Company Branch, with a 100 percent ownership stake.
History of City Cement Company
City Cement Company was established by Ministerial Resolution No. 804 on June 19, 2005, in Riyadh City, under Commercial Registration No. 1010210441, dated June 21, 2005, with a paid-up capital of SAR1.4 billion.
Acitivity of City Cement Company
The main activity of City Cement Company is the production and sale of all types of cement through its plant in Marat Governorate, located approximately 135 km northwest of Riyadh City, with a production capacity of 10,500 t of clinker, and a grinding capacity of sixteen thousand t of cement per day.
Products of City Cement Company
The company produces two types of cement. The first is ordinary Portland cement, which is suitable for modern construction types, concrete works, renovation works, etc. The second is sulfate-resistant cement, used in dam projects, marine structures such as ports and docks, wastewater treatment plants, and structural foundations and bases.
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