Southern Province Cement Co. Announces an update on Establishment of a production line at the Jazan Cement Factory with a production capacity of 10,000 tons / day to replaced by the current production lines

ELEMENT LIST EXPLANATION
Introduction Reference to the announcement of the Southern province Cement Company published on the Tadawul website on 03/06/2021 – 22/10/1442 AH regarding the establishment of a production line at the Jazan Cement Factory with a production capacity of 10,000 tons / day to be replaced by the current production lines.Therefore, the company would like to inform you that work is still going on to complete the technical studies related to the project. Therefore, the implementation of the project is expected to start in the second half of 2022.

Any significant developments will be announced later.

Previous Announcement Establishment of a production line at the Jazan Cement Factory with a production capacity of 10,000 tons / day to replaced by the current production lines
Date of Previous Announcement on Tadawul’s Website 2021-06-03 Corresponding to 1442-10-22
Percentage of fulfilled achievement Not applicable
Event’s Expected Completion Date Not applicable
Reasons for Exceeding the Announced End Date Not applicable
The costs associated with the event, and if they have changed or not with indication of the reasons. Not applicable
Impact of the Delay on the Company’s Financial Results Not applicable
Additional Information Not applicable

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