City Cement to receive SAR 1.4 mln compensation for fire accident

08/09/2014 Argaam

City Cement will receive a SAR 1.4 million compensation from its insurance service provider to repair the damage left by the clinker plant fire accident, which took place in March.

A financial impact will be reflected in the third quarter of 2014, the company said in a filing to Tadawul.

The fire accident forced the company to cease clinker production for a while in March.

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