Saudi Arabia cement companies risk losing ‘millions’: Report

Saudi Arabia’s cement companies could lose “millions” if they are not allowed to export surplus clinker supplies, said Zamel bin Abdulrahman Almokaran, a member of The National Committee for Cement Companies.

Cement companies across the kingdom produce a surplus of about 25 million tons of clinker per year, Almokaran said in a report published by Mecca newspaper.

He called on the state to allow cement companies to export their surplus products before it reaches unprecedented numbers. 

He pointed out that plants currently have enough supply to meet the kingdom's demands for the next four months.

Last October, clinker stocks in all fifteen cement across the kingdom reached 21.2 million tons compared to 11.1 million tons from the same time last year, according to data available on Argaam.