Skip to main content

Tabuk Cement confirms export license

Published by , 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

Cementos Molins unveils new corporate identity

The new Molins brand consolidates its various existing commercial brands in Spain under a single identity. Molins also launches Susterra, its new range of sustainable solutions.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Cement shipping news