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12/11/2013 08:29 AST
The Southern Province Cement Company (SPCC) has signed a deal with a Chinese company for the construction of a second production line at Bisha Cement plant, local media said.
The deal, worth $190 million (SR713 million), is designed to build a turnkey full production line with capacity of 5,000 tons of clinker per day.
The project is expected to be implemented after five weeks from the contract signing ceremony. The experimental production will begin after 20 months while the commercial production will follow after 23 months, the media said.
Meanwhile, the Bisha project and the (projected) third production line at Tihama plant (planned to enter production stage by the end of 2014) will raise production capacity of SPCC to 33,000 tons of clinker per day, or 35,000 tons of cement, the media said.
Arab News
03/04/2014
Saudi Arabia's Southern Province Cement Company (SPCC) and the National Commercial Bank (NCB) have entered into an SAR700 million financing agreement, lasting for a period of five years. The agreemen
World Cement
14/01/2014
Net profit of Southern Province Cement Company (SOCCO) during the 4th Q 2013 amounted to SAR 254 million; the company recorded the same amount of profit in the same quarter of last year.
Gro
Gulfbase.com
17/04/2013
SOUTHERN PROVINCE CEMENT COMPANY - SOCCO ANNOUNCES ITS INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED 31/3/2013 (THREE MONTHS)
1. The net profit for the first quarter reached SR 268,749,4
Tadawul
| Ticker | Price | Volume |
|---|---|---|
| ACC | 24.60 | 156,722 |
| QIGD | 1.46 | 715,511 |
| GULFNAV | 6.16 | 4,898,154 |
| UNIKAI | 7.47 | 0 |
| SVCP | 41.20 | 31,066 |
| JOUFCEMENT | 10.38 | 213,145 |
| DALLAHHEALTH | 160.40 | 59,789 |
| Ticker | Price | Change |
|---|---|---|
| SABIC | 73.10 | 0.40 (0.55 |
| MAADEN | 53.60 | 2.20 (4.28 |
| SABICAGRINUTRIENTS | 118.00 | 1.80 (1.54 |
| MARBLEDESIGN | 83.50 | 0.00 (0.00 |
| LIMEINDUSTRIES | 12.18 | 0.38 (3.22 |
13/01/2025
Aldar Properties, Abu Dhabi's biggest listed developer, has raised Dh9 billion ($2.45 billion) in a sustainability-linked revolving credit facility from a syndicate of 15 UAE-based and international
The National
12/01/2025
Ooredoo announced on Sunday the appointment of Sheikh Nasser bin Hamad al-Thani as the new chairman of Ooredoo Kuwait.
Most recently, Sheikh Nasser was appointed as Group Regional CEO for th
11/01/2025
One of the fastest-growing logistics businesses in Mena region, GWC has marked "20 years of excellence and innovation", achieved significant milestones and won prestigious awards, solidifying its pos
Gulf Times
11/01/2025
Almarai, the world's largest vertically integrated dairy company and the world's fourth most valuable dairy brand in 2024, has successfully implemented RISE with SAP on Google Cloud. This milestone m
Saudi Gazette
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Elm, a pioneer in digital solutions, enhanced its brand identity, reflecting the company's ambitious and prominent objective. Leveraging comprehensive knowledge, a forward-thinking mindset, and a pro
Financial Information Co.