Southern Province Cement reviews growth plans

07 June 2009

Saudi Arabia's Southern Province Cement Company (SPCC) has said that the country's ban on cement exports may force the company to freeze expansion plans and prevent it from meeting contracts. Safar Dhufayer, chief executive of SPCC has said that last year's ban had prevented the company from fulfilling some of its contracts with firms based in Spain, Yemen, and South Africa. SPCC had been planning to expand one of its three factories by the end of 2010 but has now decided to wait until market conditions improve, he added.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Take advantage of our introductory offers below for new subscribers and purchase your access today! If you are an existing client, please reach out to your account manager.