Riyadh – Mubasher: Southern Province Cement Company will establish a production line at Jizan cement factory with an output capacity reaching 10,000 tonnes per day, according to a bourse filing on Thursday.
The company is expected to start the construction of the new line during the second half (H2) of 2021 to replace the current production lines.
Last April, Southern Province Cement’s shareholders approved paying 25% of the capital as cash dividends for H2 of 2020.
