IssuerAnnouncementDetailsV2Portlet
Actions
Eastern Province Cement Company announces the award of a project of establishment a new production line at its plant site with a production capacity of 10,000 tons / day
3080
EPCCO
0.49
%
1445/06/25 07/01/2024 08:23:15
| Element List | Explanation |
|---|---|
| Introduction | Reference to the company’s announcement published on Tadawul website on 28-08-1444 corresponding to 20-03-2023 regarding the Board of Directors’ decision to invite specialized companies to submit their offers for building a new production line with a capacity of 10,000 tons/day for the purpose of replacing some of the low efficiency production lines in the company’s plant in order to maximize the benefit from the current plant infrastructure, the Eastern Province Cement Company announces the approval of its board in the meeting held on 22-06-1445 corresponding to 04-01-2024 for awarding of the project to Sinmoa CDI, a leading Chinese company in the cement industry . |
| Date of Award | 2024-01-04 Corresponding to 1445-06-22 |
| Counterparty | Sinmoa CDI |
| Project Value | US Dollar 270,528,000 |
| Project Details | Design, supply, delivery, construction, and installation of a cement production line with a capacity of 10,000 tons per day on the basis of a complete turnkey contract for engineering, supply, construction, installation, testing, commissioning, training of operation and maintenance staff until start of commercial operation of the line in the company’s current plant in the Khursaniyah area in accordance with the latest technology in the field of the cement industry. |
| Related Parties | N/A |
| Additional Information | 1- The project financing arrangement will be announced later. 2- It is expected that the contract will be signed within two months from the date of the award |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
Share
Company Performance
EPCCO
Add To Watchlist
In your Watchlist
Add To Watchlist
Key Parameters
Last Price 30.65
Net Change 0.15 (+0.49%)
Value Traded (Sar) 931,331.25
Volume Traded 30,328
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions