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News Yanbu Cement starts modernisation project on production line

Yanbu Cement starts modernisation project on production line

Written by Global Cement staff 17 February 2021
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Saudi Arabia: Yanbu Cement has started a two months modernisation project on Line 4 at its integrated Yanbu plant. The company said that dispatches would not be affected by the stoppage due to sufficient clinker stocks. Line 5, which represents 60% of the company's total capacity at the plant, will continue production at full capacity.

The cement producer reported that its sales fell by 4% year-on-year to US$251m in 2020 from US$260m in 2019. Its net profit after zakat and tax grew by 9% to US$74.9m from US$68.7m.

Published in Global Cement News
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  • Saudi Arabia
  • Yanbu Cement
  • Results
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