Saudi Cement Company is a Saudi joint-stock company listed on the Saudi Stock Exchange (Tadawul). It was established in 1955, with its headquarters in Dammam City, Eastern Province, and its factory located in Al-Ahsa Governorate. The factory benefits from its proximity to fuel sources required for operation and the abundance of raw materials used in the cement manufacturing process.
Its shares are traded on the main market under the basic materials sector with the name "Saudi Cement," the ticker symbol (3030), and ISIN (SA0007879469). The company's capital amounts to SAR1.53 billion.
Investments of Saudi Cement Company
Saudi Cement Company holds several investments in the cement industry supply chain. Among its investments is United Cement Company, established in 1999, a closed Bahraini joint-stock company engaged in the trade and distribution of cement in the Kingdom of Bahrain. Another investment is Cement Industry Products Company Limited, founded in 1971, a Saudi limited liability company specializing in the production of high-quality cement packaging materials
Operational capacity of Saudi Cement Plant
The Saudi Cement Plant is located in Al-Ahsa Governorate, Eastern Province, approximately 120 km from Dammam City. The plant consists of three kilns. In 1997, the sixth production line was commissioned with an actual capacity of four thousand t of clinker per day. The seventh and eighth production lines were launched in 2008, with a combined actual capacity of 24,000 t of clinker per day. The total actual capacity reaches 28,000 t of clinker per day, resulting in an annual production capacity of approximately 9.2 million t of clinker (9.7 million t of cement). The raw materials are extracted from the plant's quarry, located approximately eleven km from the facility, and transported via a conveyor belt to the plant, which is equipped with advanced technologies.
Related quizzes
