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Eastern Province Cement Company announces the completion of supply and installation works for the project to establish a new production line at the company's plant with a production capacity of 10,000 tons/day
3080
EPCCO
0.56
%
1447/11/10 27/04/2026 08:26:14
| Element List | Explanation |
|---|---|
| Introduction | With reference to the company’s announcement published on the Tadawul website on 19-08-1445 corresponding to 29-02-2024 regarding the announcement of the signing of a contract on 29-02-2024 with the Chinese company Sinoma CDI for the 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 existing plant in the Khursaniyah area, in accordance with the latest technology in the field of cement manufacturing, and that the contract period is 26 months, the company announces the completion of the production line implementation works and is currently conducting trial production operations, which are expected to continue until the completion of testing of all plant equipment and confirmation of its efficiency. |
| Previous Announcement | Eastern Province Cement Company announces the signing of a contract with Sinoma CDI, China for the project of establishing a new production line in the company’s plant with a production capacity of 10,000 tons/day |
| Date of Previous Announcement on Saudi Exchange’s Website | 2024-02-29 Corresponding to 1445-08-19 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The production line implementation works have been completed and trial production operations are currently underway, which are expected to continue until all factory equipment has been tested and its efficiency confirmed. |
| Reasons For The Delay on The Date of The Event Previously Announced | N/A |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | N/A |
| Delay consequences on the Company’s financial results | N/A |
| Additional Information | Any developments concerning this project will be announced in due course. |
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.
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