Umm Al-Qura Cement receives a notification from Aramco to amend the price of fuel used in production

Umm Al-Qura Cement Company announced that it received a notification from Saudi Aramco today, Wednesday, that there is an amendment to the prices of fuel products used in cement production starting from the beginning of 2025.

The company said in a statement today on “Tadawul” that this amendment will have a financial impact represented by an increase in the cost of production that will appear starting from the financial results for the first quarter of 2025 AD, and if the financial impact is fully known, it will be announced, indicating that it will work hard to mitigate the effects resulting from this amendment.