Yamama Cement to upgrade production line being moved to new plant site

19/01/2024 06:27 AST

Yamama Cement has hired China National Building Material subsidiary Sinoma Overseas Development to upgrade a production line it is moving from its old plant site south of Riyadh to its new site at Northern Halal in Al-Kharj governorate. The 10,000t/day line will be enhanced to a 12,500t/day line as part of the project. Sinoma Overseas Development general manager Yang Lei re-emphasised the company's commitment to leveraging its technical strengths in both of its on-going projects with Yamama Cement.

The cement company commissioned two production lines supplied by Germany-based ThyssenKrupp with a total production capacity of 20,000t/day in late 2022 at its new plant location to the east of Riyadh. Once the production line from the older Riyadh plant has been moved and upgraded, the Northern Halal plant is expected to have a production capacity of 32,500t/day. Yamama Cement previously shut down five of its older production lines at the Riyadh site in 2017 before saying it was going to sell them in 2019.


Global Cement News

News

Al Jazira Capital maintain "Neutral" recommendation on Yamama Cement

18/10/2017

Yamama Cement 3Q2017 net income of SAR 29.2mn (EPS, SAR 0.14) came above Al Jazira Capital estimates, which was mainly attributed to higher than expected selling price, indicating a deviation of 35.0

GulfBase

Yamama Cement Q1 profit plunges 66pc

19/04/2017

Yamama Saudi Cement reported a net profit of SR50.8 million ($13.5 million) during the first quarter of 2017, marking a fall of 66 per cent year-on-year (y-o-y), driven by decline in operating profit

Trade Arabia

Yamama Cement signs SR4.2bn contract with ThyssenKrupp to build plant

26/11/2015

Saudi Arabia's Yamama Cement Company signed an SR4.2 billion contract with Germany's ThyssenKrupp Industrial Solutions here Tuesday night to build two new cement plants. The production facilities wi

Arab News

Most Viewed Companies

Ticker Price Volume

Valuation

YC Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

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

Top Related Companies

Ticker Price Change
MAADEN 65.00 -1.70 (-2.55%)
SABIC 59.35 -1.55 (-2.55%)
SABICAGRINUTRIENTS 150.00 -0.80 (-0.54%)
YANSAB 35.70 -0.40 (-1.11%)
LUBEREF 108.40 -2.20 (-1.99%)

Recent News

NBK concludes all deferred Al-Jawhara draws

08/04/2026

National Bank of Kuwait (NBK) announced the completion of all deferred Al-Jawhara and Al-Jawhara Junior draws, reaffirming its ongoing commitment to rewarding customers and strengthening their trust.

Kuwait Times

Emirates NBD announces fee waivers and discounts for UAE customers amid regional conflict

08/04/2026

Dubai's largest bank, Emirates NBD, on Tuesday announced a host of fee waivers for small and medium-sized businesses in the country to help them navigate challenges due to regional military conflict.

Khaleej Times

All Thuraya services, infrastructure remain fully intact: Space42

08/04/2026

Space42 has confirmed that all Thuraya services and infrastructure remain fully intact.

It added, "We continue with our mission, with no disruption to customers and partners."

Space

Gulfnews

Union Properties approves first dividend in 11 years

08/04/2026

In a landmark decision, shareholders of Union Properties PJSC have approved the distribution of a cash dividend of 3 fils per share, marking the company's first dividend payout in 11 years.

Khaleej Times

AD Ports signs agreement to refinance Dh9.17 billion loan, reduces borrowing costs

08/04/2026

AD Ports has signed an agreement with two UAE banks to refinance its syndicated loan of Dh9.175 billion ($2.5 billion) one year ahead of schedule at more favourable terms, the group said.

Th

Khaleej Times

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap