Meyar says all parts of cement factory delivered, starts installation

17/01/2024 Argaam
Logo ofMeyar Co.

Logo of Meyar Co.

Meyar Co. announced today, Jan. 17, that all parts of the factory it purchased in September 2023 had arrived and installation had started.

 

Operation is expected to begin in the second quarter of 2024, Meyar said in a statement to Tadawul.

 

Last year, Meyar concluded an agreement to purchase a cement and ready-mix concrete production factory worth SAR 3.3 million (VAT inclusive) in the north of Riyadh, Argaam reported.

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