Saudi Arabia: Eastern Province Cement Company has secured US$226m through a credit facilities agreement with Saudi National Bank. Arab News Releases has reported that Eastern Province Cement Company will use the funds for an upcoming new 10,000t/day line at its Al Khursaniyah cement plant in Eastern Province.
The on-going construction of the Al Khursaniyah cement plant’s new line has a budget of US$271m and was first announced on 7 January 2024.
