Tuesday, 17 May 2022

Yamama Cement Plans to Sell Sixth Production Line in Current Plant

Yamama Cement Company announced on Tuesday its intention to sell the sixth production line in the current plant with all its attachments, which has a production capacity of 3 thousand tons of clinker per day, in line with the company’s plan to move to the new plant site.

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The company indicated that the line has been fully depreciated in book, and this decision will not have any impact on the company’s fulfillment of its obligations towards others, and the financial impact will be disclosed later.

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