Eastern Province Cement Company, Saudi Arabia announces the signing of a contract for establishing a new production line in the company’s plant with a production capacity of 10,000 tons/day.
The Project was awarded to Sinoma CDI, China.
The value of the contract is USD 270.5 million.
The contract was signed on the basis of a complete turnkey contract for design, supply, construction and operation of a cement production line with a capacity of 10,000 tons of clinker per day at the company’s current plant in the Khursaniyah area in accordance with the latest technology in the field of the cement industry.
The duration of the contract is 26 Months.
It is expected that this project will contribute to increasing the use of energy efficiency, which will reflect positively on production costs, starting from the date of commercial operation.
On this occasion, the CEO of the Eastern Province Cement Company, His Excellency Engineer Fahd Rashid Al Otaibi, stated that the purpose of this project is to replace some low-efficiency production lines, which will contribute to achieving the Kingdom’s goals to raise the efficiency of energy use. Engineer Fahd explained that the project will be held in The company’s current factory is in the Khursaniyah area in order to maximize the benefit from the current plant’s infrastructure. The contract will be based on a full turnkey contract in exchange for the design, supply, construction and operation of a cement production line with a capacity of 10,000 tons of clinker per day in the company’s current plant in the Khursaniyah area according to the latest technology in the field of manufacturing. Cement.
His Excellency Engineer Fahd concluded his statement: This project is an addition to the strategic growth process pursued by the company, which aims to grow and maximize returns to its shareholders, as well as meet local demand and diversify products in line with the Kingdom’s Vision 2030 we are pleased to extend our sincere thanks for the unlimited support that the company has received from the Ministry of Energy, the Ministry of Industry and Mineral Resources, and all government agencies that support and enable industry in the Kingdom.
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