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
Christian Pfeiffer awarded sustainable ball mill contract from Hallett Construction Materials
Christian Pfeiffer has been assigned with the delivery of a complete grinding circuit, consisting of a Ø5.0 x 16.25m ball mill and an QDK T 250-Z high efficiency separator, completed by auxiliary equipment and conveying systems.
