Southern Cement renews export licenses for one year

10/03/2019 Argaam

Southern Cement Co. renewed its cement and clinker export licenses for one year as of Feb. 13, 2018, the company said in a statement to Tadawul on Sunday.

 

The license allows the company to export up to 1 million tons of clinker and 0.5 million tons of cement.

 

The relevant financial impact will be announced in due course, the statement added.

 

In October 2018, Southern Cement signed an agreement to export 1.5 million tons of clinker to Bangladesh, Argaam reported.

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