Qassim Cement Company announces a new production line in the company’s plant with a production capacity of 10,000 tons / day to replace some of the current production lines.
The Execution of the project is expected to start in the first half of 2022. The project cost will be announced later after completing studies.
To be announced later:
Financing method for the project.
Expected completion date of the project.
Expected Impact on the Company’s Financial Results.
Expected Date on Which the Impact on the Financial Results of the Company will Start.
Expected Date for the Pilot Production of the Project to Begin.
Duration of the pilot production of the project.
Expected date for the commercial production of the project.
Executing Party/Counter Party in the Project/Contract.
There are no related parties.
Qassim Cement Company is a Saudi Joint Stock company, established in accordance with the Royal Decree No. M/62 on 15 Shaban, 1396H. (August 11, 1976) and registered in Buraydah City under commercial registration number 1131001224 on 28 Shaban, 1398 (August 2, 1978). On 4 of Dhu al-Hijjah 1445 AH (June 10, 2024), Qassim Cement Company announced the completion of the acquisition of Hail Cement Company (HCC) by increasing its capital through the issuance of new shares to Hail Cement Company shareholders.
Qassim Cement Co.| Building No: 4266 | Unit Number: 1 | Buraidah: 52271 - 6735 | Kingdom of Saudi Arabia
Phone : (+966) 16 316-5555
Fax : (+966) 16 381-6041
Email : qcc@qcc.com.sa