Saudi Cement postpones new mills

Saudi Cement is suspending production at a 3,500tonne/day clinker kiln until market conditions improve. It has also put off plans to replace three existing cement mills with two newer, more productive units, which would have added 600,000tonnes of annual milling capacity. The company stated that it already has 4 million tonnes of clinker in inventory, so the shut-down should not affect financial results.
February 10, 2016 Read time: 1 min

Saudi Cement is suspending production at a 3,500tonne/day clinker kiln until market conditions improve.

It has also put off plans to replace three existing cement mills with two newer, more productive units, which would have added 600,000tonnes of annual milling capacity.

The company stated that it already has 4 million tonnes of clinker in inventory, so the shut-down should not affect financial results.

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