Tabuk Cement confirms export license
Published by Jonathan Rowland,
Editor
World Cement,
Saudi cement producer, Tabuk Cement, has been issued a cement export license by the Ministry of Commerce and Investment, according to a statement to the Saudi Stock Exchange. The license is valid for a year from the date of issue, the company added.
The company joins fellow cement producers, Al Jouf Cement and Najran Cement, in securing a license to export its cement.
Saudi producers have been hit by a downturn in demand for cement, hitting the sectors profitability and leaving many with high stockpiles. Growth in 2017 is also expected to remain slow, leading companies to take their chances on the export market.
Read the article online at: https://www.worldcement.com/africa-middle-east/17032017/tabuk-cement-confirms-export-license/
You might also like
The World Cement Podcast - Exploring CO2 storage
In this episode of the World Cement Podcast, we are joined by Dr Katherine Romanak of the University of Texas at Austin for a deep dive into the topic of geological CO2 storage – the processes involved both above and below ground, the challenges and opportunities, and what (not) to worry about!
Tune in to the World Cement Podcast on your favourite podcast app today.
