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Al-Madina Cement Reports Project and Investment Updates
Al Maaref Cement Company announced strategic developments and new projects aimed at diversifying its revenue sources and enhancing sustainability. These initiatives include expanding waste management activities and converting waste into alternative fuel, as well as investing in a large facility for material recovery from waste in Riyadh, with an estimated cost of 350 million Riyals, expected to commence pilot operations in 2028. Additionally, the company has completed establishing its operations in mining and is developing advanced technology for producing supplementary materials in the cement industry, with the goal of reducing the carbon footprint and increasing local content, in line with Saudi Vision 2030 objectives.
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