Tough cement market conditions in Saudi Arabia have forced Najran Cement to suspend operations on its second cement production line, according to a company release to the Saudi Stock Exchange.
The company’s management ordered production to stop on the 3,000 tpd capacity line on 1 March. It follows a sustained period of reduced demand in Saudi Arabia, which has led to a rise in the company stocks of clinker.
Saudi cement companies have seen their revenues fall recently on the back of a sustained fall in construction activity in the country. As a result, a number of companies — including Najran — have secured licenses to export cement.