Cement maker insists that halt in operations will not impact on its customer obligations
Saudi Arabia’s Al Jouf Cement Company announced that it had to stop its production line for unscheduled maintenance work from June 17 to June 30.
In a statement posted on the Saudi bourse website, the cement maker said that the halt in operations would not impact on its ability to fulfil its obligations towards its customers.
Maintenance work on the plant is expected to cost $1.6 million, the cement maker said, which would be reflected in its second quarter results.
Al Jouf Cement has an annual production capacity of 1.23 million tonnes of clinker and 1.47 million tonnes of cement, data by Zawya.com found.