23 Hrs
Source:
الاقتصادية
Al-Yamamah Cement reports 40% gas project progress
Al-Yamama Cement Company continues to implement the transition to natural gas, reaching 40% completion while adhering to the schedule and work plan. The project aims to improve operational efficiency and energy consumption, thereby strengthening the company's long-term competitiveness. Additionally, the company has completed the initial operation of the waste heat recovery project for electricity generation, which is expected to start commercial operation in the third quarter of 2026. This will help reduce energy consumption and enhance the company's environmental and economic performance. Geopolitical tensions are affecting demand for cement in Saudi Arabia, with a 10% decline in demand. However, the company's sales of black and white cement have shown growth, as it continues to diversify revenue sources, improve profit margins, and enhance financial resilience.
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