12/11/2013 08:29 AST

The Southern Province Cement Company (SPCC) has signed a deal with a Chinese company for the construction of a second production line at Bisha Cement plant, local media said.

The deal, worth $190 million (SR713 million), is designed to build a turnkey full production line with capacity of 5,000 tons of clinker per day.

The project is expected to be implemented after five weeks from the contract signing ceremony. The experimental production will begin after 20 months while the commercial production will follow after 23 months, the media said.

Meanwhile, the Bisha project and the (projected) third production line at Tihama plant (planned to enter production stage by the end of 2014) will raise production capacity of SPCC to 33,000 tons of clinker per day, or 35,000 tons of cement, the media said.


Arab News

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

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Gro

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SOCCO Announces Its Interim Financial Results

17/04/2013

SOUTHERN PROVINCE CEMENT COMPANY - SOCCO ANNOUNCES ITS INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED 31/3/2013 (THREE MONTHS)

1. The net profit for the first quarter reached SR 268,749,4

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