04/01/2026 09:43 AST

Southern Province Cement Company has announced that steady progress is being made on its new cement plant in the Saudi city of Jazan with work on most phases of the clinker production line already completed.

The commercial operation is set to begin later this year, said the Southern Province Cement Company in its filing to Saudi bourse Tadawul.

Southern Province Cement had in 2023 awarded the contract to Sinoma International Engineering Company for the construction of the clinker production line. Once completed, it will boast a production capacity of 5,000 tonnes/day and cement grinding capacity of 10,000 tonnes/day, it stated.

The new clinker production facility at Jazan cement plant will replace the current production lines.

The scope of work involves infrastructure for an additional clinker production line with a capacity of 5,000 tonnes/day, it added.

The Saudi cement group said work on most phases of the production line have already been completed and now trial operations are under way in accordance with the scheduled implementation plan.

The first trial batch of clinker was produced on December 29 last year.

With the work in full swing, the company expects all construction phases to get completed soon and full production capacity achieved. The commercial operations are likely to begin later this year.


Trade Arabia

Southern Province, Yanbu Cement extend key merger talks

25/06/2025

Southern Province Cement Company has announced that it has entered into a non-binding agreement with a leading Saudi cement group Yanbu to explore a potential merger.

The duo had an year ag

Trade Arabia

Southern Cement Company enters into financing agreement NCB

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

SOCCO 2013 Net Profit Increases 0.6 Percent

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

Ticker Price Volume
SPCC Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
MAADEN 65.40 0.00 (0.00%)
SABIC 59.55 0.00 (0.00%)
SABICAGRINUTRIENTS 149.90 1.30 (0.87%)
YANSAB 35.90 1.46 (4.23%)
LUBEREF 109.80 0.50 (0.45%)
NBK - Egypt secures $50 million facility to finance MSMEs in Egypt

03/04/2026

National Bank of Kuwait - Egypt has secured a $50 million financing package from the European Bank for Reconstruction and Development (EBRD), supported by the European Union (EU), to expand access to

Kuwait Times

ADIB strengthens tie-up with Jubail Investment Company to deliver major project

03/04/2026

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reaffirmed its role as a key enabler of large-scale real estate development through its strategic partnership with Jubail I

Trade Arabia

2PointZero's IRH secures 20-year LNG supply from Mexico's AMIGO LNG project

03/04/2026

International Resources Holding (IRH), the Abu Dhabi-based natural resources investment platform and a subsidiary of 2PointZero Group, has signed a 20-year liquefied natural gas (LNG) Sale and Purcha

Trade Arabia

Dewa announces $844m cash dividends for H2 2025

03/04/2026

Dubai Electricity and Water Authority (Dewa) said its shareholders approved a dividend of AED3.1 billion ($844 million)for the second half of 2025 at the Annual General Assembly (AGM) held on Thursda

Trade Arabia

Kingdom Holding buys BEV stake from Prince Al-Waleed for $68m

03/04/2026

Saudi investment firm Kingdom Holding Co. bought a stake in Breakthrough Energy Ventures from its chairman, Prince Al-Waleed bin Talal, for SR255 million ($67.9 million), at a discount to its latest

Arab News