Najran Cement Company announces temporary suspension of its 2nd production line and resumption of 3rd production line
|Announcement Detail||Najran Cement Company announces a temporary suspension of its second production line with capacity of 3,000 tons per day and resume operation of its third production line with production capacity of 6,500 tons per day effective from 01 July 2019 due to decrease in clinker inventory to levels commensurate with the company’s strategy. This will improve the operational efficiency of the Company. The expected direct financial impact as a result of this change on the financial year 2019 is a decrease in fixed costs by SR 5.7 million.|
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